Better Video Game Stock: Take-Two Interactive vs. Electronic Arts
Video game investors haven't enjoyed strong returns lately. Most of the industry players are seeing reduced demand right now as consumers prioritize other entertainment options and move away from the free-spending attitudes that characterized earlier phases of the pandemic.
Take-Two Interactive (NASDAQ: TTWO) and Electronic Arts (NASDAQ: EA) are no exception. The two developers recently reduced short-term growth expectations and announced new cost cuts aimed at protecting profitability. These moves should brighten the long-term outlook for these entertainment giants, which still involves strong industry growth and expanding margins.
With that in mind, let's compare the video game stocks to see which one is a better fit for your portfolio.
Source Fool.com
