Activision Blizzard Inc. (ATVI): Today's Featured Technology Winner

Activision Blizzard (ATVI) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day down 0.7%. By the end of trading, Activision Blizzard rose 11 cents (0.9%) to $12.40 on average volume. Throughout the day, 9.4 million shares of Activision Blizzard exchanged hands as compared to its average daily volume of 10.8 million shares. The stock ranged in a price between $12.16-$12.40 after having opened the day at $12.19 as compared to the previous trading day's close of $12.29. Other companies within the Technology sector that increased today were: IEC Electronics Corporation (IEC), up 26.5%, Rosetta Stone (RST), up 18.9%, Sequans Communications SA ADR (SQNS), up 13.2%, and Sapiens International Corporation (SPNS), up 12.9%.

Activision Blizzard, Inc. publishes online, personal computer (PC), console, handheld, and mobile interactive entertainment worldwide. It develops and publishes PC-based computer games and maintains its proprietary online-game related service, Battle.net. Activision Blizzard has a market cap of $13.77 billion and is part of the computer software & services industry. The company has a P/E ratio of 13.4, equal to the average computer software & services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 0.3% year to date as of the close of trading on Monday. Currently there are 13 analysts that rate Activision Blizzard a buy, no analysts rate it a sell, and five rate it a hold.

TheStreet Ratings rates Activision Blizzard as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

• You can view the full Activision Blizzard Ratings Report.

On the negative front, Merge Healthcare (MRGE), down 36.2%, Synchronoss Technologies (SNCR), down 28.6%, Technical Communications (TCCO), down 24.1%, and I.D. Systems (IDSY), down 18.3%, were all losers within the technology sector with Siemens (SI) being today's technology sector loser.

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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider Technology Select Sector SPDR (XLK) while those bearish on the technology sector could consider ProShares Ultra Short Technology (REW).

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For more information on Activision Blizzard Inc. click any of the following:

• Activision Blizzard Inc. Stock Price

• Activision Blizzard Inc. Analyst Ratings

• Activision Blizzard Inc. Key Stats & Profile

• Activision Blizzard Inc. Earnings

• Activision Blizzard Inc. Ratio Comparison

• Activision Blizzard Inc. Growth Rates

• Activision Blizzard Inc. Balance Sheet

• Activision Blizzard Inc. Cash Flow

• Activision Blizzard Inc. Income Statement