Which Video Game Stock Is A Better Buy? By StockNews
© Reuters. Electronic Arts vs. Take-Two Interactive: Which Video Game Title Is The Best Buy?
Now that more and more outdoor entertainment options are available, competition is intensifying in the video game industry to maintain its user base. Leading video game developers Electronic Arts (EA) and Take-Two Interactive (NASDAQ 🙂 are well positioned to take advantage of favorable industry winds. But which of these stocks is a better buy now? Electronic Arts Inc. . (NASDAQ 🙂 and Take-Two Interactive Software, Inc. (TTWO) are two established players in the video game industry. EA develops, publishes and distributes branded interactive entertainment software in various genres for video game consoles, PCs, handheld game players and cellular handsets worldwide. It also provides services related to online games. TTWO develops, publishes and distributes interactive entertainment software games and consoles around the world. It delivers its products through physical retail, digital download, online platforms, and cloud streaming services.
While the limited outdoor entertainment options have led the video game industry to see an expanding user base and generate significant returns over the past year, increasing vaccination rates and decreasing cases of COVID-19 are paving the way for outdoor entertainment options for people. To maintain or grow this user base, companies in this space are developing new versions of their most popular games with better graphics, low latency, and quality. The global games market is expected to grow at a CAGR of 13.2% to reach $ 545.98 billion by 2028. Thus, EA and TTWO are expected to benefit.
While TTWO has lost 10% in the past six months, EA has lost 5%. Which of these titles is the best choice now? Let’s find out.
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