Got $10,000? Stock Up on Activision Blizzard Stock Before 2021

2020 was a good year for companies that specialized in blasting digital entertainment into people's homes. Streaming video stocks like Roku and Netflix trounced the market as they added millions of new customers during the pandemic. Walt Disney even managed to outpace the S&P 500 as investors focused on the success of its video platform while its theme parks and film studios suffered.

Activision Blizzard (NASDAQ: ATVI) stock wasn't left out of that digital-content rally. But Wall Street could still be underappreciating its growth potential in 2021 and beyond. Yes, the video game publisher benefited from record audience size and ballooning time spent on its titles. But Activision's business improved other ways that suggest this business is just now hitting its stride.

Let's take a look at why you might want to make a bold bet on Activision stock right now.

Source Fool.com