|Bid||46.65 x 800|
|Ask||46.96 x 1300|
|Day's Range||45.85 - 47.17|
|52 Week Range||39.85 - 84.68|
|Beta (3Y Monthly)||0.95|
|PE Ratio (TTM)||21.31|
|Earnings Date||Nov 6, 2019 - Nov 11, 2019|
|Forward Dividend & Yield||0.37 (0.81%)|
|1y Target Est||53.90|
David Messinger, a 15-year veteran of CAA, will fill the role, marking the first time the video game company has had a CMO overseeing all of its brands.
With fewer major video games set to launch this holiday season, top publishers could have an easier time selling their big releases, an analyst said. Video game stocks have been mixed lately.
Activision Blizzard Inc. has a new chief people officer. The Santa Monica, California, game company has appointed Claudine Naughton to the role, succeeding Brian Stolz, who will assume a newly created role as senior advisor. In her new post, Naughton will lead global human resources for the company behind such franchises as “Call of Duty,” “Candy Crush,” “Hearthstone,” “Overwatch” and “World of Warcraft.” She will be based in Santa Monica and report to Activision Blizzard (NASDAQ: ATVI) CEO Bobby Kotick.
The Overwatch League, a professional esports league for the video game Overwatch, is helping teams get better sponsor exposure and more inventory to sell, according to sources.
[Editor's note: "The 8 Best Cash Cow Stocks to Buy for Stable Returns" was previously published in March 2019. It has since been updated to include the most relevant information available.]One of the most popular investment strategies is to focus on fast-charging growth companies. The appeal, of course, is that you can get in on the ground floor of a paradigm-shifting industry. But remember the adage cash is king. The most dependable stocks to buy are usually what people call "cash cows."While no one will criticize sharply rising growth metrics, cash flow represents a business' lifeblood. A weakened cash position can lead to severe problems further down the road, even with strong growth. No matter how viable an organization, it must find a way to keep the lights on. That's why some of the best investments also feature consistent free cash flow.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAnother reason to look at a company's money outflows as opposed to strictly its income statement is flexibility. Simply put, well-financed operations have more options. They can choose to put money to work through key investments, or to expand operations. * 15 Growth Stocks to Buy for the Long Haul And if the worst happens, and the underlying industry hits a recession, cash cows can better weather the storm. Because of this dynamic, you'll want to at least peek at the cash flow statement for your target investments.Below are the eight best cash cow stocks to buy now: McDonald's (MCD)I'm going to make a confession straight off the bat. I don't understand why people eat at McDonald's (NYSE:MCD), particularly those who do so regularly. Admittedly, they make great coffee and their French fries are to die for, but the rest of it? Not quite so appetizing.Source: Shutterstock Nevertheless, I don't need to understand a phenomenon to recognize that it's working. Moreover, those who are looking primarily for reliable stocks to invest in should seriously consider MCD stock.Last year, the iconic fast-food company generated nearly $5.6 billion in cash flow from operations. In their most recent reported quarter, MCD produced earnings per share of $1.97, in-line with analysts' average estimate.Additionally, McDonald's enjoys consistent FCF every year, offering invaluable confidence in a rising, but unpredictable market. Plus, MCD pays out a 2.20% dividend yield, which management should have no problems sustaining. Aflac (AFL)We often say that there are two guarantees in life: death and taxes. In reality, we should add a third, which is random events that conspire to ruin your day. Whether it's a massive accident or a debilitating illness, stuff happens. When it does, Aflac's (NYSE:AFL) insurance products can help you or your family recover financially.Source: Shutterstock It's amazing how much a relatively common occurrence, such as a broken leg, can add up to serious out-of-pocket expenses. Just for the consistent demand, AFL should be on most people's list of stocks to buy. And as you might expect, Aflac enjoys robust cash flows from operations. * 15 Growth Stocks to Buy for the Long Haul AFL is one of those conservative stocks to buy that have performed well in the markets. On a year-to-date basis, shares are up 16%. Better yet, Aflac pays out a 2% dividend yield. Steady growth and passive income? AFL is too good to ignore. Paychex (PAYX)If you're asked to come down to the human resources department, chances are, it's for unpleasant reasons. Nevertheless, HR plays a crucial role as it deals directly with a company's most valuable asset: people. You can never go wrong with experts in this field, which is why Paychex (NASDAQ:PAYX) is a consistent winner.Source: Shutterstock But another factor boosting PAYX is their product flexibility. Despite their big-name brand, they offer scaled solutions for virtually any organization. From tiny businesses with a lone employee to major, multinational firms, PAYX can tailor-fit an effective, efficient platform. That will come in handy over the next few years as new businesses focus on agility rather than brute size.As you might expect, Paychex features a healthy balance between growth and cash flows; PAYX is up 18% year-over-year. Activision Blizzard (ATVI)The video game sector offers some of the best stocks to invest in. Thanks to gaming culture and tournaments going mainstream, this is an industry that will perpetually rise higher. Over the longer-term, this presents a viable tailwind for Activision Blizzard (NASDAQ:ATVI).Source: Shutterstock Admittedly, though, the ride in ATVI hasn't been an easy one. While its YTD performance is pretty much flat, shares have gyrated severely multiple times. Investors have an understandable concern that they're buying into ATVI near at or near its highs. Moreover, Activision has suffered significant competition; namely, Epic Games' "Fortnite." * 15 Growth Stocks to Buy for the Long Haul Still, I'm not worried. In terms of first-person shooting games, ATVI is still the king. Its "Call of Duty" series is legitimately a cash cow. Furthermore, Activision's financials have consistently demonstrated rising cash flow from operations. That might take a hit this year due to the competitive environment.However, don't count out ATVI. Not only can Activision leverage its own strengths in shooter games, "Fortnite" mania may be peaking. Alphabet (GOOG, GOOGL)Out of all the cash cow stocks to buy, Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) stands alone. One of the chief reasons why is due to the company's prevalence across multiple lucrative markets. From laptops to cloud computing to driverless-vehicle technology, GOOG disrupts any sector it wishes.Source: Shutterstock \ But the biggest reason I like Alphabet is that it dominates the internet. I realize that it's a tired argument because everybody has mentioned it. That doesn't mean, though, that the argument is any less valid.For instance, we all know that Google is the most popular search engine, but the gap between first place and second-ranked Bing is a whopping 66%!Moreover, Google is the unquestioned leader of mobile and tablet search engines with a 93% market share. In order to get anything done online, you essentially must go through Alphabet. And if your company doesn't rank well on Google, you're dead in the water. Philip Morris International (PM)On the surface, it appears big tobacco firms like Philip Morris International (NYSE:PM) face a double-whammy.Source: Taber Andrew Bain Via FlickrFirst, Americans are smoking cigarettes at a significantly reduced rate. Also, the under-18 crowd isn't taking up the habit like prior generations had. Second, the vaping market has exploded in popularity thanks to its cleaner platform.I don't think it's over for Philip Morris. For one thing, several markets, including the eastern Mediterranean and Africa, have witnessed a lift in smoking rates. That, of course, suits PM perfectly, which is the international arm of the iconic tobacco firm. PM stock has rebounded this year. On a YTD basis, shares have gained nearly 26%. * 15 Growth Stocks to Buy for the Long Haul Second, PM is intently focused on IQOS, which is a type of vaporizer. What makes IQOS distinct from the vaping competition is authenticity. PM understands the nuances that smokers are looking for, and they seek to replicate that experience in a digital platform.Best of all, Philip Morris is a cash-rich organization. That provides substantial confidence in the company's generous 5.4% dividend yield. Gilead Sciences (GILD)Thanks to an unpredictable political environment, and an extremely-competitive atmosphere, several pharmaceuticals have underperformed this year. Gilead Sciences (NASDAQ:GILD) is no exception, with GILD shares having gained only a little less than 3% YTD under choppy conditions.Source: Shutterstock But in the long run, I don't expect this pressured situation to continue. Earlier this year, Gilead announced positive results from a late-stage clinical trial of a rheumatoid arthritis drug. Additionally, management is looking forward to developing iterations of its HIV drug, Biktarvy. GILD could develop an injectable version of Biktarvy for patients who are resistant to the drug.If nothing else, GILD belongs on your list of stocks to buy thanks to its cash position. Even under a challenging environment, Gilead managed nearly $12 billion in operating cash flow last year. The company is more than stable enough to continue supporting its dividend yield, which currently stands at 3.9%. BCE (BCE)As Canada's biggest communications firm, BCE (NYSE:BCE) essentially has a moat. In this day and age, no one can survive without internet access. As such, BCE leverages extensive broadband and wireless networks that have a value north of $4 billion. The company's broadband footprint extends out to 9.2 million locations, and it offers LTE wireless coverage for almost every Canadian.Source: Shutterstock These impressive stats finally have started to translate into market success. So far this year, BCE shares are up 17%. * 15 Growth Stocks to Buy for the Long Haul Shares have grown slowly and steadily since the beginning of the year, suggesting the worst of the volatility is behind it. Second, BCE's revenues have steadily increased over the past three years, and we're on pace for a fourth. Finally, BCE offers a generous 5.15% dividend yield, which the company can support.Last year, the telecom firm had $5.8 billion in operating cash flow, and $2.6 billion FCF. Unless Canadians suddenly stop using the internet, you can trust BCE.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 15 Growth Stocks to Buy for the Long Haul * 5 More Cloud Stocks With Plenty of Potential * 5 Clean Energy ETFs to Buy for 2019 The post The 8 Best Cash Cow Stocks to Buy for Stable Returns appeared first on InvestorPlace.
Judging from the stats, video-gaming giant Electronic Arts (NASDAQ:EA) is enjoying a solid year. So far in 2019, EA stock is up nearly 18%. However, that figure hides the fact that for the most part, shares have traded in a frustratingly horizontal pattern.Source: Shutterstock Even more problematic, Electronic Arts stock recently experienced some worrying turbulence. Part of that is related to weakness in the gaming industry. Last week, rival Activision Blizzard (NASDAQ:ATVI) released its results for the second quarter. Unfortunately, the downbeat report has poor implications for competitors in the field.Specifically, Wall Street took a dim view of Activision ringing up only $1.1 billion in revenue. In the year-ago quarter, the company produced $1.7 billion in top-line sales thanks to hits from its leading franchises like Destiny and World of Warcraft. With the deflated environment, analysts had measured expectations. Still, a 35% year-over-year loss was not on anyone's radar.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Stocks Under $7 to Invest in Now That bode very poorly for EA stock. Prior to the recent escalation of the U.S.-China trade war, EA was targeting expansion into China. They already had a lucrative partnership with Chinese internet firm Tencent (OTCMKTS:TCEHY) on their free-to-play hit Apex Legends. With experts forecasting China's gaming market to grow to over 700 million people, the country represents a must-hit target for Electronic Arts stock.Back then, the geopolitical environment was a massive headwind. Now, the situation almost appears impossible to break through. Rising rhetoric from both sides makes a trade deal unlikely in the nearer term, which stymies EA stock.Further, the weakening international currencies that negatively impacted ATVI will also hurt Electronic Arts stock. EA Stock Levers Two Big Trump CardsDespite my bullishness toward Electronic Arts stock, I must concede that recent developments make this an ugly play. Reasonably, most investors should downgrade EA as a speculative trade.However, if you're tolerant to risk, EA stock enjoys two trump cards that work synergistically with each other: the esports movement and professional-sports licenses.First, let's talk about esports. This term really represents gaming's evolution. Initially, video games started out as solitary activities. But with advancing technologies, gamers were able to create an ecosystem for their shared passion. Eventually, this ecosystem transitioned into a bona fide economy.For the first time this year, the global esports market will exceed revenues of $1 billion. In 2022, that figure will likely rise to nearly $1.8 billion. Invariably, EA stock will benefit because the underlying company owns some of the most popular gaming brands and franchises.This segues into my second point about pro-sports licenses. In many ways, Electronic Arts has a legal monopoly because it owns the exclusive and lucrative NFL license. Put another way, if you want to run a pro-football based esports tournament, guess what? You must play Madden, and that means ringing the cash register for Electronic Arts stock.As an aside, this is one of the reasons why many folks hate EA. Every year, they can forward modest improvements in game play, but demand a premium for an essentially rehashed product. But the important point here is, who's going to stop them?Additionally, Electronic Arts owns the license for FIFA, which is soccer's governing body. Since soccer is the world's most popular sport, an authentic esports soccer tournament will have to go through the gaming giant. Naturally, this is a huge boost for EA stock. Don't Forget Other Players!In analyzing the global video game market, it's easy to get tunnel vision on China. Of course, they have a population that's four times that of the U.S. Furthermore, their love for digital technologies is patently obvious.However, the Chinese are also unreliable business partners when it involves the broader entertainment industry. For instance, China is ground zero for content piracy. Thus, attaining revenue from them is always a tough challenge for content creators.When considering EA stock, I also wouldn't ignore other viable markets. For instance, western European markets combined offer robust revenue potential. Furthermore, India is transitioning into a billion-dollar gaming industry in its own right. Though the sector is incredibly challenged right now, there are still opportunities.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Large-Cap Stocks to Sell Right Now * 7 Stocks Under $7 to Invest in Now * 7 Marijuana Stocks With Critical Levels to Watch The post Esports and Lucrative Licenses Might Save Electronic Arts Stock appeared first on InvestorPlace.
The last year has felt like the end of an era for Activision Blizzard (NASDAQ:ATVI) stock. Activision Blizzard Chief Technology Officer and co-Founder Frank Pearce recently exited. A onetime top game, "StarCraft," seems to be ending. Revenues for the second quarter were down 17%, and earnings dropped by nearly one-quarter compared with a year ago.Source: Shutterstock But CEO Bobby Kotick, who has run the company since he was in his 20s (he's now 57), still made with the happy talk. The results "exceeded our prior outlook for both revenue and earnings per share," he insisted during the release of second-quarter earnings. He claimed that investment in key franchises will start paying off soon.Investors are not buying it. The stock opened Aug. 12 around $48, down from $49.15 before the earnings report. The stock traded as high as $83 before last year's tech wreck. That ground has not been made up.InvestorPlace - Stock Market News, Stock Advice & Trading Tips The Bigger Problem for ATVI StockActivision Blizzard is known for games like "Overwatch," "Call of Duty" and "Candy Crush." These are sold at retail stores and played on PCs, tablets or consoles, sometimes with an online connection. * 7 Stocks Under $7 to Invest in Now But the gaming world is moving off clients and toward the cloud. The Cloud Czars -- Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) and Microsoft (NASDAQ:MSFT) are the most frequently mentioned -- are about to take over.Kotick isn't worried. He insists the new platforms are "a great opportunity," because his company holds the content they need to succeed. ATVI has about 345 million active users each month, 78% of them playing "Candy Crush." The company spent $5.9 billion on the game's maker, King, in 2016.Gaming is a field that must constantly reinvent itself. Activision Blizzard's latest reinvention is focusing itself on eSports, in which people watch other users play video games for money. Its entry is The Overwatch League, which treats the phenomenon like football, with teams controlled by "owners" in various cities. Its big idea for 2020 is to create a second league for its "Call of Duty" franchise. The Fortnite ProblemHowever, one great gaming idea can throw everyone's plans in the dumper."Fortnite" is that great idea. The online game from privately held Epic Games of North Carolina, in which Tencent Holdings (OTCMKTS:TCEHY) has a 48% stake, now has 125 million players. Epic CEO Tim Sweeney is estimated to be worth $7.16 billion.Instead of running professional "Fortnite" as a league, Sweeney runs it as a tournament. A 16-year old, Kyle Giersdorf, who goes by the online name "Bugha," won $3 million in the most recent tournament.As the money has poured in, however, the stakes have risen. One week after his victory, Giersdorf was "swatted." Hackers sent armed police to his house on a false alarm. Fortunately, one of the police who responded was a neighbor who defused the situation. But a 2017 swatting over "Call of Duty" led to a gamer being killed by police and the swatter going to prison. The Bottom Line for Activision Blizzard Stock"Fortnite" and swatting illustrate two important points.First, people take gaming seriously, and the physical risks of gaming, like swatting, could discourage people from playing. Giersdorf's parents may be having second thoughts about their son's windfall right now.Second, great games can come from anywhere. It's not just that new gaming companies may have better ideas. It's that new gaming platforms are appearing constantly, thus the whole gaming paradigm is subject to change without notice.The success of Activision Blizzard was based on the idea that they'd figured all this out and that their games could bring reliable, growing profits just like any other software package. The company's market cap of just under $38 billion, however, now seems scant protection against the Cloud Czars. The success of "Fortnite" shows a buy-out may not be coming.This is not a game I care to play. Know it well before you do.Dana Blankenhorn is a financial and technology journalist. He is the author of the environmental story, Bridget O'Flynn and the Bear, available at the Amazon Kindle store. Write him at email@example.com or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in MSFT. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Large-Cap Stocks to Sell Right Now * 7 Stocks Under $7 to Invest in Now * 7 Marijuana Stocks With Critical Levels to Watch The post Activision Blizzard: Can a New Era Be Conjured for ATVI Stock? appeared first on InvestorPlace.
Investing.com - U.S. futures pointed to a volatile day on Wall Street, as worsening political unrest in Hong Kong dampened sentiment.
Analysts were pleased with Activision Blizzard, Inc. (NASDAQ: ATVI)’s second-quarter earnings beat and largely unphased by lower projections for third-quarter revenue, continuing to see the video game maker’s 2019 as a rebuilding and investment year ahead of a more exciting future. Activision Blizzard reported second-quarter earnings of 38 cents a share, besting the Street estimate of 26 cents on revenue of $1.21 billion, slightly ahead of analysts’ expectations. Analysts see several catalysts ahead for the “Call of Duty” and “World of Warcraft” producer and several weighed to reiterate bullish recommendations.
Does this week's exaggerated fearful and cheerful trading conditions make you wonder if the market is simply one big game to be played? That may be up for debate. But video game stocks Electronic Arts (NASDAQ:EA), Zynga (NASDAQ:ZNGA) and Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) are offering solid evidence for bulls to play the game in today's unhinged market environment. Let me explain.Amid fearful headlines of trade tariffs, currency manipulation accusations, and quick fixes, the net score for bulls and bears in the S&P 500 this week is shaping up as a draw. But that's not the case for video game stocks EA, ZNGA, and GOOGL. * 8 Dividend Aristocrat Stocks to Buy Now No Matter What Following recent earnings reports, Electronic Arts, Zynga, and Alphabet are clear winners for investors to buy. The good news is due to all the day-to-day twists and turns within the broader market. These video game stocks look ready for investors to play today.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Video Game Stocks to Buy: Electronic Arts (EA) Electronic Arts is the first of our three video game stocks to buy. EA stock is a straight-up industry giant with hugely popular franchises such as The Sims and Star Wars, has lucrative sport licensing deals with FIFA and the NFL, and is a powerhouse within the growing world of e-sports.Technically, right now is a great spot for bullish investors to begin playing a long position in EA stock. Following the company's recent earnings beat and bullish reaction, an out-of-favor, but far from out EA stock is looking destined for a big comeback on the price chart.After holding a key band of longer-term support last December, shares rebounded quickly only to fall back into a downtrend. But with EA stock successfully testing the 62% retracement level this past month and shares now sporting a bullish oversold stochastics crossover, conditions are ripe to play Electronic Arts long today.Buy EA stock today on sympathy weakness from peer Activision Blizzard (NASDAQ:ATVI). ATVI stock announced an earnings beat last night, but a modestly disappointing outlook got the better of investors.For targets on the price chart, I'd suggest using EA stock's 2019 high near $110 for partial profit-taking opportunities. To protect the position from any bearish repeats, a blended stop-loss below $88.50 to minimize casualties off and on the price chart makes sense. Zynga (ZNGA)Zynga is the next of our video gaming stocks to buy. The company has successfully pivoted from offering browser and PC-focused games into a much more defensible mobile-first platform. The transition has boosted sales growth, earnings, and the company's operating cash flow.Last week's better-than-expected Q2 confessional is the most recent evidence of ZNGA's friendly business and price trends that are building favorably for bullish investors.Regarding ZNGA stock's price chart, the report was ultimately met with some profit-taking after narrowly making new relative highs. More importantly, with a test and hold of Zynga's former five-year high and prior trend resistance in place, it's time to play this video gaming stock long. * 5 Cheap Stocks to Buy Now That the Fed Cut Rates The strategy here is simple. With ZNGA stock forming a bullish hammer pattern on the weekly price chart, wait for price confirmation next week to go long shares. Respect the candlestick low to limit exposure and look to take partial profits in-between $7.00 - $7.50 in the weeks ahead. Google (GOOGL) I'll give InvestorPlace's Josh Enomoto credit for turning my attention to GOOGL stock as the last of our video game stocks to buy. Alphabet is an unusual choice when one thinks about the gaming arena. But there's no denying the company's YouTube business is a hugely popular platform for watching top gamers exploits and tutorials on how to better your own play. It's a winning combination for profits.Following a recent earnings beat and out-of-this world reaction from Wall Street, it's game-on in GOOGL stock.Technically, the earnings reaction toppled a very bearish-looking environment. The gain of nearly 10% put to rest the possibility of a flag pattern and reinstates a more bullish outlook for this video game stock. Currently, with shares pulling back in a weekly hammer pattern that's testing the 50% retracement level from GOOGL's June low to July's earnings reaction high, Alphabet is setting up nicely for a purchase.My recommendation in GOOGL stock is to buy shares on a move through $1207. This entry confirms the bullish hammer pattern, as well as puts shares back above the early 2018 high of $1198 and the psychological $1200 barrier. I'd advise taking partial profits on a challenge of $1300 and if required, abort the long if the hammer fails to hold.Investment accounts under Christopher Tyler's management do not currently own positions in securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional market insights and related musings, follow Chris on Twitter @Options_CAT and StockTwits More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 8 Dividend Aristocrat Stocks to Buy Now No Matter What * 7 Stocks to Buy to Ride the Vegan Wave * 4 Safe Stocks to Buy Amid Trade War Turbulence The post 3 Video Game Stocks to Buy appeared first on InvestorPlace.
Uber shares suffered Friday after the company had a big revenue miss the night before, but the ridesharing company is winning the race to credibility with investors over Lyft. That's according to IPO Edge Editor-in-Chief John Jannarone in an interview with Cheddar TV, when he responded to the Uber results as they rolled out Thursday […]
Investing.com – Wall Street slipped on Friday, reversing some of the gains of its biggest one-day rise in two months as trade tensions failed to show signs of easing and political uncertainty in Italy and the U.K. added to concerns.
Stocks finished down in a wild session as President Trump said the U.S. would cut ties with China's Huawei Technologies until the two countries reach a trade deal.
Investing.com - U.S. futures tumbled on Friday on renewed trade-related jitters after a report that the White House delayed a decision on allowing American companies to restart business with Chinese tech giant Huawei.