Why Activision Is Ready to Bounce Back
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, video game giant Activision Blizzard (NAS: ATVI) has earned a respected four-star ranking.
With that in mind, let's take a closer look at Activision and see what CAPS investors are saying about the stock right now.
Santa Monica, Calif.
Home entertainment software
President/CEO Robert Kotick
Return on Equity (average, past 3 years)
$3.4 billion / $0
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 97% of the 7,209 members who have rated Activision believe the stock will outperform the S&P 500 going forward.
Call of Duty Black Ops 2 is selling very well and will draw in those who were put off by [Modern Warfare 3]. [World of Warcraft] is also picking up steam and getting those subscription numbers back up over 10 million. Plus a new addition of Starcraft 2 is coming out this spring. Many things to be bullish on. They will beat expectations this holiday season.
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The article Why Activision Is Ready to Bounce Back originally appeared on Fool.com.Fool contributor Brian Pacampara has no positions in the stocks mentioned above. The Motley Fool owns shares of Activision Blizzard and is short Sony (ADR) and has the following options: long JAN 2013 $22.00 calls on Sony (ADR). Motley Fool newsletter services recommend Activision Blizzard and Take-Two Interactive . Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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