STRAUSS ZELNICK

If investors love a stock, there's "no level it won't be taken up to," the "Mad Money" host said.

Take-Two Interactive, maker of Grand Theft Auto and Red Dead Redemption, is buying Zynga, maker of FarmVille and Words With Friends, in a cash-and-stock deal valued at about $12.7 billion.

Take-Two Interactive CEO Strauss Zelnick on Thursday cast doubt about Meta's grandiose metaverse aspirations.

TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, like Tesla & AMD

"We're grateful for the incredible work that Rockstar Games has done with 'Grand Theft Auto' and 'Grand Theft Auto Online,'" Zelnick said in an interview on " Mad Money ." "It's absolutely amazing that 'Grand Theft Auto' has sold more units in calendar 2020 than it did in any year since its original release in 2013. Net bookings growth was powered in large part by the "Grand Theft Auto," "NBA 2K" and "Mafia" game franchises. "Grand Theft Auto," which revenue has grown $227 million in Take-Two's current fiscal year, isn't the company's only winner. Shares of Take-Two sold off more than 6% Tuesday, bringing the stock to $200.31 at the close.

CNBC's Jim Cramer on Wednesday made a case for investors to choose individual stock picking over index funds going through market turmoil. "For years, lots of very smart people ... told us that index funds were really the best if not only way to invest," Cramer said. The S&P 500, an index of 500 large-cap stocks that is largely representative of activity on Wall Street, is down more than 15% from its closing high nearly two months ago. Campbell Soup, Mondelez, PepsiCo, Conagra Brands and McCormick: "We know people are stocking up their pantries with food and snacks." Roku: "Their platform's the best way to watch all your favorite streaming services on your TV."

"The truth is it's disrespectful to the victims and the families to point the finger at entertainment," Zelnick said in an interview with "Mad Money's" Jim Cramer. Shares of a number of video game producers saw their stock prices fall as much as 6% in one session last week following Trump's comments. In response, Walmart ordered its chains to remove signs and gaming demos that promoted video games with violent themes. Take-Two is the maker of the popular video game series Grand Theft Auto and NBA 2K. Grand Theft Auto V has reportedly become one of the game publisher's top-selling games with almost 100 million units sold since its 2013 release.