ATVI (Activision Blizzard)
It’s an interesting asset of one of the world’s most successful standalone interactive entertainment company Activision Blizzard (AB).
In March 2019 AB will introduce new games and report the results of its fiscal Q4 2018, including the latest Call of Duty’s performance (‘Call Of Duty: Black Ops 4’). According to Activision, Call of Duty’s active users went up 16% over Black Ops III and hours played also saw an increase of 20% over the last Call of Duty. Moreover, Black Ops 4’s PC sales are three times higher than Black Ops III.
The company already lost half of its price so now it is the right time to purchase their assets and keep them.
Time horizon: 2-6 months
Current price: $47,80
Take profit when the price reaches $54,10-$63,48
Growth perspective: ~14-34%
Stop loss: $39,9