Better Buy: Roblox vs. Activision Blizzard

Roblox (NYSE: RBLX) and Activision Blizzard (NASDAQ: ATVI) are two very different types of gaming companies. Roblox's platform enables its users to create and share their games with others, while Activision is a traditional game publisher that develops PC, console, and mobile games.

Both companies generated accelerating growth throughout the pandemic as people stayed at home and played more video games. But both companies will also likely face tough year-over-year comparisons after the crisis finally ends.

Roblox went public via a direct listing on March 10. It started trading at $64.50, closed at $69.50 on the first day, and now trades in the high $70s. Activision's stock has rallied about 30% over the past 12 months, but it's only advanced about 5% since Roblox's market debut.

Continue reading


Source Fool.com