The Saudis selling Canadian oil and buying ATVI He doesn't read too much in the Saudis diversifying into videogames. ATVI has a stable, long history of free cash flow returns on tangible assets (generally over 20%), so he likes that. Their capex-sales is low so they're asset-light, also good. But they falter in incremental return on incremental equity, which is how much free cash flow they generate on invested capital of 1, 3 or 5 years. ATVI's return fluctuates. Why? He suspects videogame companies have hit-and-miss game releases. (EA falls into the same category.) He avoids such stocks given this hit or miss risk.
Activision Blizzard is a American stock, trading under the symbol ATVI-Q on the NASDAQ (ATVI). It is usually referred to as NASDAQ:ATVI or ATVI-Q
In the last year, 2 stock analysts published opinions about ATVI-Q. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Activision Blizzard.
Activision Blizzard was recommended as a Top Pick by on . Read the latest stock experts ratings for Activision Blizzard.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered Activision Blizzard In the last year. It is a trending stock that is worth watching.
On 2023-03-23, Activision Blizzard (ATVI-Q) stock closed at a price of $79.68.
The UK news wasn't a surprise. Remains undervalued even without the Microsoft deal.