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Which Video Game Stock is a Better Buy? -Breaking

by Mike Robinson

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© Reuters. Roblox Vs. Activision Blizzard. Which Video Game Stock Should You Buy?

The growing number of outdoor recreational options should not stop the growth of the gaming industry. However, it is offering more captivating content and new gaming software and graphics that will allow for continued expansion. Roblox (NASDAQ:) and Activision Blizzard(NASDAQ:) are two of the most prominent companies in the gaming industry. Which stock is better to buy right now? You can read more about Roblox Corporation (RBLX), and Activision Blizzard, Inc., (ATVI) both well-known players in the gaming market. CARBLX, located in San Mateo (Calif.), develops and manages an online entertainment platform which allows creators and developers worldwide to create, publish and maintain 3D content and experiences. ATVI is located in Santa Monica (Calif.) and develops and publishes interactive entertainment and content on various platforms. This includes subscriptions, full-game and in-game sales as well as licensing software to related or third-party companies who distribute Activision products.

With limited outdoor recreation and entertainment activities, the COVID-19 epidemic causing a decline in the number of people who can play video games and launch of more realistic, immersive, and real-time gaming experiences, the videogame industry is able to generate substantial revenues. While the ongoing vaccination drive and availability of various outdoor activities were expected to slow down the industry’s growth this year, the efforts of video game makers to provide captivating content, powerful graphics, and advanced software helped the industry generate $4.39 billion in sales in October 2021, up 16% from the prior-year period.

Also, a rising interest in metaverse gaming further enhances the industry’s long-term growth prospects. Investor optimism in this space is evident in the Wedbush ETFMG Video Game Tech ETF’s (GAMR) 4.7% gains over the past month, versus the SPDR S&P 500 Trust ETF’s (SPY) 3.6% returns. By 2025, the global videogame market will grow by 9.7% to $225.10 trillion. RBLX, ATVI and both should reap the rewards.

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