Though limited outdoor entertainment options have led to the video game industry witnessing an expanding user base and generating significant returns last year, increasing vaccination rates and decreasing COVID-19 cases are paving the way for outdoor entertainment options to people. To maintain or grow this user base, companies in this space are developing new versions of their most popular games with better graphics, low latency, and quality. The global gaming market is expected to grow at a 13.2% CAGR to reach $545.98 billion by 2028. So, both EA and TTWO should benefit.
While TTWO lost 10% over the past six months, EA has lost 5%. Which of these stocks is a better pick now? Let’s find out.