Activision Blizzard Shows Investors the Power of Franchises
Video game maker Activision Blizzard (NASDAQ: ATVI) really took things to a new level in its recent third quarter results. Revenue and earnings each significantly beat guidance, leading the company to raise its full-year forecast.
Investors are getting used to Activision knocking it out of the park, with this now marking the seventh straight quarter that they've exceeded expectations. And there's a powerful reason that we should expect the trend of outperformance to continue even further, which is the company's strong franchises.
Activision's franchises. Source: ATVI investor presentation.
Source: Fool.com
Activision Blizzard Inc. Aktie
89,70 €
0,67 %
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Das Kursziel von 89 € für Activision Blizzard Inc. liegt unter dem aktuellen Kurs von 89.7 €, ergibt aber ein negatives Potenzial von -0.78%.
