Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
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) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day down 0.4%. By the end of trading, Activision Blizzard rose $0.81 (4.6%) to $18.27 on heavy volume. Throughout the day, 20,688,195 shares of Activision Blizzard exchanged hands as compared to its average daily volume of 7,592,000 shares. The stock ranged in a price between $17.38-$18.39 after having opened the day at $17.43 as compared to the previous trading day's close of $17.46. Other companies within the Technology sector that increased today were:
), up 60.0%,
), up 32.7%,
), up 23.7% and
), up 14.2%.
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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 $17.0 billion and is part of the computer software & services industry. Shares are up 42.9% year to date as of the close of trading on Friday. 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
. 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 no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
- You can view the full Activision Blizzard Ratings Report.
On the negative front,
), down 33.8%,
), down 20.2%,
), down 19.9% and
), down 14.8% , were all laggards within the technology sector with
) being today's technology sector laggard.
- Use our technology section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider
) while those bearish on the technology sector could consider
- Find other investment ideas from our top rated ETFs lists.