• Contact
  • Privacy Policy
  • Advertise With Us
  • Login
  • Register
Your Trading Edge Magazine
  • Home
  • Feature
    • Market Commentary
    • Expert Advice
    • Columns
  • Trading
    • Shares and Trading
    • Technical Analysis
    • Trading Mindset
  • Crypto News
  • Finance
  • Subscribe
No Result
View All Result
  • Home
  • Feature
    • Market Commentary
    • Expert Advice
    • Columns
  • Trading
    • Shares and Trading
    • Technical Analysis
    • Trading Mindset
  • Crypto News
  • Finance
  • Subscribe
No Result
View All Result
Your Trading Edge Magazine
No Result
View All Result

Activision Blizzard Fell 14.15% YTD – Is It Time to Sell or Buy the Dip?

October 5, 2021
in Trading
Reading Time: 3 mins read
A A
0
Activision Blizzard Fell 14.15% YTD – Is It Time to Sell or Buy the Dip?
0
SHARES
6
VIEWS
ShareShareShareShareShare

Activision Blizzard produces game franchises, and it was one of the gaming stocks that benefited from the coronavirus pandemic. Yet, Activision Blizzard is at new yearly lows – is this a good buy opportunity?

In the bullish stock market environment in early 2021, Activision Blizzard reached its all-time peak of $105. Yet, in late July, the stock experienced a major sell-off, trading around $77.18 at the time of writing. Is this a great opportunity to buy the dip?

Let’s find out whether Activision Blizzard’s decline signals further weakness, or it’s time you took advantage of this discount.

How & Where to Buy Activision Blizzard Stock Online

If you want to add video game companies to your portfolio, Activision Blizzard may be a good choice. However, its decreasing share price might signal further weakness. Whether you want to open a long or a short position, you can choose one of our recommended brokers:

eToro

eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.

Register with eToro instantly

Pepperstone

Pepperstone was founded in 2010 in Melbourne, Australia by a team of experienced traders with a shared commitment to improve the world of online trading. Frustrated by delayed executions, expensive prices and poor customer support, they set out to provide traders around the world with superior technology, low-cost spreads and a genuine commitment to helping them master the trade. Their mission is to create a world of tech-enabled trading where ambitious traders can embrace the challenge and opportunity of global markets.

Register with Pepperstone instantly

What Is Activision Blizzard?

Activision Blizzard (NASDAQ: ATVI) is an American video game producer founded in 2008. It is part of the S&P 500 index. Some of the most popular games include Call of Duty, World of Warcraft, and Candy Crush Saga.

Should I Buy Activision Blizzard Today?

Wall Street analysts remain optimistic with regards to ATVI, despite its recent price drop. One of the reasons is the strong pipeline of content the company has, planning a wave of new content for its consumers’ consoles. Also, it’s worthwhile to mention that the company activates in the fastest-growing entertainment segment – the video game industry.

Furthermore, the company has a strong growth strategy. The gross margins are robust, which fuel its development. Some of the main tools used by Activision Blizzard include content investments, mergers and acquisitions, and share buyback schemes.

One of the main drivers of its share price decline was the recent sexual harassment lawsuit that involved the company. Yet, this could be weathered out with ease in the long term, as long as its growth plans materialize and the lawsuit does not drive talent away.

Activision Blizzard Price Prediction 2021

Several analysts are bullish on Activision Blizzard’s estimated price target. For instance, Uerkwitz declares a price of $120 in the next 120 months, well above its current price of $77.18, and even a major increase from its all-time high of $105 this February.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Dell Technologies Approaches Its 52-Week High – Should You Buy or Sell?

Next Post

‘I’m a big fan’ of the US dollar, warns about loss of global financial status

Related Posts

How Virtual Credit Cards Are Powering New Digital Business Models
Trading

How Virtual Credit Cards Are Powering New Digital Business Models

June 24, 2022
6
SEKO Logistics Taps MyFBAPrep to be Preferred Amazon FBA Partner
Trading

SEKO Logistics Taps MyFBAPrep to be Preferred Amazon FBA Partner

June 24, 2022
4
Managing Organization Device Fleet with IoT Device
Trading

Managing Organization Device Fleet with IoT Device

June 24, 2022
5
BDP International Announces Smart Classify, the New Digital Product Classification Tool
Trading

BDP International Announces Smart Classify, the New Digital Product Classification Tool

June 23, 2022
4
GLOBAL TRADE’S TOP BANKS FOR 2022
Trading

GLOBAL TRADE’S TOP BANKS FOR 2022

June 23, 2022
6
Next Post
‘I’m a big fan’ of the US dollar, warns about loss of global financial status

'I'm a big fan' of the US dollar, warns about loss of global financial status

Recommended

SC Ports Maintains Fluidity During Record May

SC Ports Maintains Fluidity During Record May

June 21, 2022
5
Ethiopia Bans Digital Currencies, Warns Citizens Against Engaging In Illegal Transactions

Ethiopia Bans Digital Currencies, Warns Citizens Against Engaging In Illegal Transactions

June 7, 2022
5
Anti-crypto group sends open letter to Washington lawmakers

Anti-crypto group sends open letter to Washington lawmakers

June 2, 2022
8
Brand Connector from Smart Token Labs: connecting brands and NFTs

Brand Connector from Smart Token Labs: connecting brands and NFTs

June 18, 2022
8
India will consider 28% additional tax on crypto sales next week

India will consider 28% additional tax on crypto sales next week

June 23, 2022
5
Your Trading Edge Magazine

This is an online news portal that aims to share the latest news about trade, finance, crypto and much more. Feel free to get in touch with us!

What’s New Here!

  • Choise.com Announces CHO’s First CEX Listing on LBank
  • Business leaders react to Roe v. Wade
  • Stocks rise as indexes head for weekly gains

Subscribe Now

Loading
  • Contact
  • Privacy Policy
  • Advertise With Us

© 2021 - ytemagazine.com - All rights reserved!

No Result
View All Result
  • Home
  • Feature
    • Market Commentary
    • Expert Advice
    • Columns
  • Trading
    • Shares and Trading
    • Technical Analysis
    • Trading Mindset
  • Crypto News
  • Finance
  • Subscribe

© 2021 - ytemagazine.com - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?