Are Activision Blizzard, Take-Two Interactive, and GameStop Set to Outperform?
Although the global video game market has been facing its fair share of headwinds, possible holiday blowouts for companies like Activision Blizzard , Take-Two Interactive , and GameStop , among others, have both consumers and investors excited once again.
Both Activison Blizzard and Take-Two Interactive set company records this year with the launch of their respective gaming franchises. Take-Two sold an astounding $800 million worth of its Grand Theft Auto V in its first day of sales in September, only to be outdone by Activsion Blizzard's Call of Duty: Ghosts, which generated $1 billion of channel shipments in its first day earlier this month.
GameStop is of course an obvious beneficiary of both of these blockbuster games, which should also sell well during GameStop's all-important holiday quarter. GameStop should also enjoy tailwinds from the hardware refresh cycle driven by the recent releases of Sony's PlayStation 4 and Microsoft's Xbox One.
All this amounts to an interesting opportunity in several areas of this resurgent space. In the video below, Motley Fool tech and telecom analyst Andrew Tonner looks at the opportunity and discusses which areas he finds the most compelling.
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The article Are Activision Blizzard, Take-Two Interactive, and GameStop Set to Outperform? originally appeared on Fool.com.Fool contributor Andrew Tonner has no position in any stocks mentioned. Follow Andrew and all his writing on Twitter at @AndrewTonner. The Motley Fool recommends Activision Blizzard and Take-Two Interactive. The Motley Fool owns shares of Activision Blizzard, GameStop, and Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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