Microsoft (NASDAQ: MSFT) and Sony (NYSE: SONY) operate very different business models, but they have overlapping interests in the video game market. That's why Microsoft's recent decision to buy Activision Blizzard (NASDAQ: ATVI) for $68.7 billion caused Sony's stock price to retreat from its highest levels in over two decades.
However, I believe Microsoft and Sony are still both safe long-term investments as rising interest rates crush more speculative growth stocks. So should you consider buying one stock over the other right now?
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Source Fool.com