Up 75% in 2017 -- Why Activision Stock Is Still a Buy
Even in a surging stock market, Activision Blizzard (NASDAQ: ATVI) stands out with its striking rally this year. Shares are up more than 75%, trouncing the broader market's 14% rise so far in 2017. Investors might be tempted to see that bounce as an opportunity to cash in quick profits. But this could be a case where the longer you play, the bigger your rewards.
Let's look at a few good reasons to stay greedy with this video game publisher's stock.
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Source: Fool.com
Activision Blizzard Inc. Stock
€89.70
0.670%
With 0 Sell predictions and 2 Buy predictions the community sentiment towards the Activision Blizzard Inc. stock is not clear.
On the other hand, the target price of 89 € is below the current price of 89.7 € for Activision Blizzard Inc., so the potential is actually -0.78%.