Captkirk91

$ATVI *Awaiting Earnings next week, new games releasing

Long
NASDAQ:ATVI   Activision Blizzard Inc
When taking a look at the video game giants of the market $ATVI has to come to mind. With EA games stock climbing steadily over the $100 dollar mark, ATVI has alot of steam to pick up here in the up and coming future. Around Christmas time we will see 2 new giant games that should sky rocket ATVI, Call of duty ww2 and Destiny 2 both receiving a lot of hype in the industry and will be release later in the year. However the company has spent a lot on developing the games and with the 2nd Quarter earnings coming out next week i am uncertain what the outcome will be. However "Over-watch" Blizzards premiere game at the moment is doing extremely well and becoming undeniably more popular and allowing the company to maintain growth while awaiting releases of the two games. My predication's are the company will beat earnings next week but not by a landslide... $ATVI seems like a great long investments investors are looking at stocking up before the eventful end of the year releases.

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