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© Reuters. Activision and Nintendo: Which video game stock is more worth buying?
During the COVID-19 pandemic, the growing demand for consoles and in-game purchases has helped the video game industry achieve unprecedented growth. In addition, we believe that their efforts to build next-generation product portfolios through cooperation with leading companies should keep ATVI and NTDOY at the forefront of the video game revolution. But let us now find out which stocks are more suitable to buy. Please keep reading. Activision Blizzard, Inc. (NASDAQ:), located in Santa Monica, California, is a developer and publisher of interactive entertainment content and services across a variety of gaming platforms, through subscriptions, full games and in-game sales, as and through License software to third parties or related party companies that distribute Activision and Blizzard products.
Kyoto, Japan Nintendo ., Ltd. (OTC:) develops, manufactures and distributes electronic entertainment products internationally. The company provides video game platforms, playing cards, Carruta, and portable and home console hardware systems and related software.
In the pandemic-driven remote lifestyle, the increase in monthly active users has driven the performance of the video game industry in the past year.Successfully launched Microsoft (NASDAQ:) Corporation (MSFT) Xbox Series X/S and Sony (New York Stock Exchange:) The company (Sony) PlayStation 5 last year increased investor optimism about the industry’s growth prospects. Since the powerful vaccination campaign now gives consumers the freedom to choose among various entertainment options again, the new developments made by video game companies with the help of virtual reality and 5G technology should help the industry maintain growth. The mobile game market is expected to grow at a compound annual growth rate of 12.6% between 2021 and 2026. Therefore, ATVI and NTDOY should benefit from industry tailwinds.
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