We've got an inside look at the gaming industry and why more consolidation is on the way.

Motley Fool Money starts now.

I'm Chris Hill joining me today, Motley Fool Senior Analyst, Asa Charma.

Thanks for being here.

Chris, thank you for having me.

Sonos, like most companies, is talking about the impact of supply chain problems, but Sonos

second quarter revenue was higher than expected.

The demand for high-end audio products seemingly is there.

This morning you and I were going back and forth.

You said this is a company that you think is underrated.

How so?

I think that investors have been trained to look for companies that are really, really capital

light over the last few years.

If you can avoid investing in a manufacturer, do it.

Find the equivalent software as a service model.

Invest in that.

It's going to have higher margins.

It's a company you'll be able to ride for long-term growth.

That always great in a lower interest rate environment, but as interest rates have ticked

up, investors are starting to second-guess some of the fees around only owning those fast

growers.

Just like in real life, if you go to a basketball game, a pro-game or a college basketball

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