quantguy

Blizzard strong buy

Long
NASDAQ:ATVI   Activision Blizzard Inc
Fundamentals
81.57. O.42% DIVIDEND
Based in Santa Monica, CA
Full time employees: 9,625
Develops and distributes content and services on video game consoles, personal computers and mobile devices. Operates through 3 segments: Activision Publishing, Blizzard Entertainment and King Digital Entertainment. Its products include various genres: first person shooter, action/adventure, role playing, strategy and others.
STOXLINE rates it at a STRONG BUY with 4 Green Stars. Predicts stock will be 96.31 in 6 months.
EPS: 2.210
P/E: 36.91
P/E Growth ratio: 0.01

Technicals
ATVI is in a strong bull phase. It has broken new highs, but is pressing against the upper bound of the Kovach Reversals Indicator (KRI), which indicates that it may face a retracement soon. The Kovach Momentum Indicators are very strong, which again suggests we may face a retracement soon.

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