A Gamer's Perspective: Will Activision Rebound in 2020?
Activision Blizzard (NASDAQ: ATVI) is on nearly everyone's Millennial Exposure (ME) list: companies that are focusing on grabbing a piece of the $68 trillion Great Wealth Transfer that's going down for the next three decades or so. (In 2017, we thought it would only be around $24 trillion!)
ME companies are the Walmarts (NYSE: WMT) of the future: the American businesses cementing the brands of future American legend. And more than stateside mainstays Electronic Arts (NASDAQ: EA) or Take-Two Interactive (NASDAQ: TTWO), Activision has the household-name American brands (Call of Duty, World of Warcraft, Overwatch, Hearthstone, Diablo, StarCraft) that investors are hanging their hats on in forward-thinking valuations.
Image source: Activision Blizzard.
Source Fool.com
