Activision Blizzard (ATVI) Buy, Sell or Hold

Activision Blizzard (ATVI)

94.42

-0.00 (0.00%)

as of Oct 12, 2023, 12:00:00 am Market Open.

170 watching

COMMENT

EA vs ATVI? He does not own either at the moment. On value, he would prefer EA-Q with a lower PEG ratio. Over half the world gamers come out of China. He has a price target of $110 for EA-Q. His target for ATVI-Q is $57.

RISKY

Thinks they'll be able to pivot, though it will take time. He's optimistic. E-sports gaming is big. Live streaming through the cloud and subscription basis are positives. Large cash flow to spend on new games and new verticals. Wouldn't be surprised to see M&A in the sector. Not a certainty, so a volatile stock.

HOLD

They are all getting engaged in the mobile side. he would hold and maybe add if there is a pullback in

HOLD

In the gaming space, there are 3 players including this one. Lots of trend hype going into last fall, got caught in the market swoon, and it traded down and hasn't recovered. He'd hold, not sell, but he wouldn't add to it. Let markets digest the hype from last fall.

WEAK BUY

Look at the video game industry growing. Underlying tailwind in the industry. Good dividend, and increasing. Good balance sheet. You could look at it at these levels.

PAST TOP PICK

(A Top Pick Jan 28/19, Down 8%) It hasn't sold it and he'd still hold it. It needs more time. The risk is up, not down.

PAST TOP PICK

(A Top Pick Jul 09/18, Down 46%) Sold it in November/December 2018 to take profits. It got overpriced. He knows this videogame space very well, and it's not a buy-and-hold but a trading sector. It's volatile.

BUY

It's pulled back strongly as competition takes away market share. Investors had believed ATVI had a moat. They have big games coming out in 2020. You can buy it today and make money in the next few years.

DON'T BUY

They come out with earnings next week. This sector plunged today because Electronic Arts got hammered. Valuations are too high in this sector, too rich for him. The models are changing and there's fear over this. He hasn't heard the rumour that Apple with buy ATVI, but that's merely a rumour. This stock and sector are too risky for him.

TOP PICK

Videogames. After a huge run, there's been a sell-off, nearly half in price. Going forward, it has limited downside. (Analysts’ price target is $62.14)

BUY

Started buying it last spring. It has not been a huge success given executive departures, and they sold off a game. They got hit in Q4, like the market did. He likes the game space and this stock. It's very dynamic space with enthusiastic customers/players.

BUY

Poorly timed the purchase of this stock. Market got overly excited about one of the games, but didn't live up to expectations. A good buying opportunity. New game, Call Duty, is going to compete with Fortnite, and it could be as big.

BUY

The 50-month moving average is around $48, and now we're seeing buyers are coming in (he expects buyers to enter the overall market). Good risk-to-reward now.

WAIT

Recently has taken a 50% haircut, so hold or sell? Has a 1% position in it, and wants to build to 3%. Leader in gaming ecosystem. Have put a lot of money into the mobile side. Likes it, but waiting for the markets to settle. Tempting to buy it down here under $50.

BUY

The videogame phenomenon is astoundingly huge. Investors didn't like ATVI's last quarter's figures, but he believes in this stock. Now is a good entry point. Videogames will only grow.

Showing 46 to 60 of 80 entries

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Activision Blizzard (ATVI)