4 Reasons Activision Blizzard Is a Buy

Activision Blizzard's (NASDAQ: ATVI) stock has climbed more than 400% over the last five years, and 82% year to date. Investor confidence in the game maker has grown considerably this year as Activision has demonstrated its ability to increase revenue without the help of new game releases, thanks to in-game purchases of add-on content.

Other avenues for growth are opening up left and right for Activision Blizzard, which is why I wouldn't be afraid of buying the stock even after the run it's had. Here's a list of the key reasons why I wouldn't wait for a lower price to jump in.

Overwatch is a gift that keeps on giving for Activision Blizzard. Image source: Activision Blizzard.

Source: Fool.com