IB Net Payout Yields Model

Activision: Buy After The Blizzard

Activision Blizzard is down nearly $40 from the highs near $85.
Their prime Activision and Blizzard game franchises have a whole mobile world waiting for expansion.
The interactive entertainment giant has a strong moat evident by 30% operating margins.
The stock trades at 17x 2019 EPS estimates and is likely to dip further based on the CFO firing.
Like most stocks lately, Activision Blizzard (ATVI) has seen the stock take a substantial hit. Some of the $40 hit is justified based on disappointing numbers, but the game developer is riding a strong industry for the next decade to build an interactive entertainment giant without the large content costs of other entertainment players.
Read the full article at Seeking Alpha. 

Disclosure: No position mentioned. Please review the disclaimer page for more details

 

Comments

Popular posts from this blog

Aurora Cannabis: Deal Or No Deal

C3.ai: Out Of Steam (Rating Downgrade)

Archer Aviation: Promising Developments