3 Computer Software & Services Stocks Nudging The Industry Higher
2. As of noon trading, Activision Blizzard ( ATVI) is up $2.21 (14.6%) to $17.39 on heavy volume. Thus far, 27.5 million shares of Activision Blizzard exchanged hands as compared to its average daily volume of 7.6 million shares. The stock has ranged in price between $16.86-$17.76 after having opened the day at $17.16 as compared to the previous trading day's close of $15.18. Activision Blizzard, Inc. publishes online, personal computer (PC), console, handheld, and mobile interactive entertainment products worldwide. It operates in three segments: Activision, Blizzard, and Distribution. Activision Blizzard has a market cap of $17.2 billion and is part of the technology sector. Shares are up 44.9% year to date as of the close of trading on Thursday. Currently there are 18 analysts that rate Activision Blizzard a buy, no analysts rate it a sell, and 2 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 revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, attractive valuation levels and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Activision Blizzard Ratings Report now. 3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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