The video game industry has seen an uptick in consolidation in 2022 as some large companies took the opportunity to add gaming studios to their list of operations. Microsoft (NASDAQ: MSFT) started the year by announcing plans to acquire the home of Call of Duty, Activision Blizzard (NASDAQ: ATVI), for a historic $68.7 billion. Meanwhile, Sony bought four studios throughout the year, the biggest being Bungie for $3.7 billion. 

While Microsoft and Sony were duking it out to see who would be crowned console king, Take-Two Interactive (NASDAQ: TTWO) made a promising acquisition to expand its business and diversify earnings. In May, the company purchased mobile gaming titan Zynga for $12.7 billion.

Take-Two and Activision Blizzard are both dealing with some short-term issues as companies and that has actually made their stocks somewhat attractive to long-term investors. Investors looking to add a gaming stock to their portfolio would be right to look at either of these industry-leading companies. But which is the better buy? Let's find out. 

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Source Fool.com