Take-Two Interactive: The Best Video Game Stock to Buy Right Now?
The video game industry has provided monster winners for video game players and that has resulted in monster wins for shareholders over the last few decades. With almost $200 billion in consumer spending on video games every year (a figure that is steadily growing), game publishers like Electronic Arts and Activision Blizzard have crushed the S&P 500 index over the last 20 years.
Another video game publisher with a strong track record is Take-Two Interactive (NASDAQ: TTWO), whose stock price is up over 1,000% in the last 10 years alone.
But some recent game delays and a broad sell-off in video game stocks have resulted in Take-Two's stock price being down almost 30% this year. Does this provide investors a buying opportunity to get in on what has been a long-term compounder?
Source Fool.com
