We think that Take Two Interactive currently is a better pick compared to Activision Blizzard. TTWO stock trades at about 6x trailing revenues, compared to around 9x for Activision Blizzard. Does this gap in Take Two’s valuation make sense? We don’t think so.
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GTA Fans Given Hope by E3 2021 News
GTA 5 and
GTA 6 may want to tune into E3 2021 as Rockstar Games may finally return to the trade show with some news. Traditionally, Rockstar Games stays away from industry shows like E3 and Gamescom, especially in recent years. However, Take-Two Interactive has confirmed it will be at E3 2021 in some capacity, and this is both not that exciting and interesting at the same time.
For one, Take-Two Interactive isn t just the parent company of Rockstar Games, but 2K, Private Division, and more. Through these other subsidiaries, it s always present at E3, so the fact that it will be represented in some capacity at E3 2021 isn t very surprising, and it doesn t mean Rockstar Games will be there, especially with the reveal of