Activision Blizzard, Inc. (NASDAQ:ATVI)
CAPS Rating:
Activision Blizzard is a leading publisher of videogames, notably World of Warcraft, Call of Duty, Guitar Hero, and Tony Hawk.
Activision Blizzard is a leading publisher of videogames, notably World of Warcraft, Call of Duty, Guitar Hero, and Tony Hawk.
Recs
Keeps looking cheaper and cheaper. Great franchises. Just because WoW is in decline does not mean the end of growth for the company.
Adding at 16x earnings, 14.5x cash flow, and 1.2x book value. The forward P/E is 10.6. This for a company that is estimated to grow at 10%/year for the next five years. This looks to be a conservative estimate of growth.