An Undervalued Free Cash Flow Generator To Start Your New Year
Activision Blizzard (ATVI) is, undeniably, one of the premier video game developers in the world and is a true leader in innovation in the space that has, over the long haul, created significant value for shareholders.
ATVI ended 2018 on a bad note as it was losing a key executive after what has been a difficult year for the stock.
While shares of the business today, despite seeing a huge tumble from their 52-week high, are not what investors might call cheap, for a firm with strong growth prospects and the innovative history, it could make a good entry point for long-term investors to consider buying into.
Management has continued, over the long run, to surprise shareholders and create blockbuster titles, and this trend should continue.
ATVI ended 2018 on a bad note as it was losing a key executive after what has been a difficult year for the stock.
While shares of the business today, despite seeing a huge tumble from their 52-week high, are not what investors might call cheap, for a firm with strong growth prospects and the innovative history, it could make a good entry point for long-term investors to consider buying into.
Management has continued, over the long run, to surprise shareholders and create blockbuster titles, and this trend should continue.