1 Reason Take-Two Is a Better Growth Stock Than Activision Blizzard
Activision Blizzard (NASDAQ: ATVI) has delivered wealth-building returns for investors, turning a $10,000 investment into $319,000 over the last 20 years. But Take-Two Interactive (NASDAQ: TTWO) has been a far superior investment over the most recent five-year stretch. Since June 2016, Take-Two stock has returned 386%, compared to Activision's 162% return.
For that outperformance, investors can point to the huge success of Take-Two's Grand Theft Auto V (2013), which has now sold 145 million copies. That level of sales is game-changing for a business that only generated $1 billion in revenue at the time of the game's release over seven years ago. Other titles, such as the NBA 2K series and Red Dead Redemption 2, have performed exceptionally well too.
However, strong game sales only partly tell the story. Previous game sales don't tell us anything about the future. How can Take-Two maintain its growth and outperform its peers over the next five years?
Source Fool.com
