Better Buy: Activision Blizzard vs. Take-Two Interactive
Shares of video game makers Activision Blizzard (NASDAQ: ATVI) and Take-Two Interactive (NASDAQ: TTWO) have seen rising prices year to date. Activision stock has returned 28%, ahead of Take-Two's 17% return, and both are outpacing the flattish 2020 return of the S&P 500 index.
Over the last five years, Activision stock has climbed 200%. It released Overwatch in 2016, which went on to sell 50 million copies; launched Overwatch League to cash in on the esports craze; and spent $5.9 billion to acquire top mobile-game maker King Digital Entertainment, of Candy Crush fame.
Meanwhile, Take-Two stock has soared 411% over the last five years. Sales of Grand Theft Auto V continue to climb, with the latest tally at 130 million units. In 2018, the company also launched the highly anticipated Red Dead Redemption 2, which has sold 31 million units so far.
Source Fool.com
