ATVI - Activision Blizzard, Inc.
60.28 -0.04 (-0.07%)
After hours: 7:27PM EST
| Previous Close | 61.42 |
| Open | 61.65 |
| Bid | 60.32 x 1100 |
| Ask | 60.33 x 800 |
| Day's Range | 60.24 - 61.90 |
| 52 Week Range | 39.85 - 61.90 |
| Volume | 6,110,151 |
| Avg. Volume | 6,006,869 |
| Market Cap | 46.341B |
| Beta (5Y Monthly) | 0.84 |
| PE Ratio (TTM) | 28.59 |
| EPS (TTM) | 2.11 |
| Earnings Date | Feb 05, 2020 |
| Forward Dividend & Yield | 0.37 (0.60%) |
| Ex-Dividend Date | Mar 25, 2019 |
| 1y Target Est | 61.79 |
- Zacks
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- InvestorPlace
The 10 Best Value Stocks to Own in 2020
The past five years have not been good for buyers of value stocks. The iShares S&P 500 Growth ETF (NYSEARCA:IVW) delivered a return of more than 70% between 2015 and 2019 compared to a 41% return for the iShares S&P 500 Value ETF (NYSEARCA:IVE).Overall, value stocks have been underperforming their growth brethren since at least 2007.InvestorPlace - Stock Market News, Stock Advice & Trading Tips"The narrative that actually explains the performance is that value has been getting cheaper and cheaper. It's gone from trading at about one-third the valuation multiples of growth stocks to roughly one-eighth the valuation multiple," Research Affiliates chairman Rob Arnott told CNBC in December.Arnott went on to suggest that if the economy slows down at some point in 2020, growth stocks will have nowhere to hide -- leaving value stocks to attract the lion's share of the buyers. * The Top 5 Dow Jones Stocks to Buy for 2020 To find my 10 value stocks to own in 2020, I will recommend one stock from the top-10 holdings of the iShares Russell 1000 Value ETF (NYSEARCA:IWD), a second stock from the 11th-largest weighting through the 20th, a third stock from the 21st-largest weighting through the 30th and so on, up to the 100th-largest stock.To make things even more diversified, I'll make sure my picks represent at least nine different sectors.May the best value stocks win! Value Stocks to Own in 2020: Comcast (CMCSA)Source: Ken Wolter / Shutterstock.com My first selection is Comcast (NASDAQ:CMCSA), the cable company that's transformed itself into a massive creator of television and movie content in recent years.Over the past 52 weeks, CMCSA stock has delivered a total return to shareholders of about 33% -- more than six percent greater returns over the same period. Trading at 14.4 times its forward earnings and 2 times sales, Comcast is a good value stock to own if you believe people will continue to watch television and movies.In 2020, look for Comcast to bring out its Peacock video streaming service to compete with the plethora of other services already out there."The upcoming streaming service will cost Comcast $2 billion in investments. Management expects costs peaking at 1% of Comcast's revenue, but that the service will achieve breakeven by the fifth year," InvestorPlace's Chris Lau stated in late December.Add in its legacy cable business, along with Universal Parks and Resorts, and you've got the makings of a great long-term hold. Activision Blizzard (ATVI)Source: Casimiro PT / Shutterstock.com My second selection also comes from the communication sector. With nine sectors to choose from, I had to double up somewhere.Having read an article about the 7 Reasons Why Video Gaming Will Take Over, choosing Activision Blizzard (NASDAQ:ATVI), one of the world's leading video game publishers, seemed to be the right call.Over the past year, ATVI stock delivered a decent total return of about 28% -- comparable to the markets total return of nearly 27%. I'm confident it can do a whole lot better. Trading at 25.5 times its forward earnings and 6.8 times sales, it's not exactly cheap. However, given the potential of gaming and esports over the next decade, you have to pay up for potential growth.My InvestorPlace colleague, Luke Lango, recently called ATVI, one of the 15 best stocks own in 2020. He believes the introduction of the first new video game consoles since 2013 is a big reason to get on board. * 7 Earnings Reports to Watch Next Week In December, I doubted ATVI could get to $80 in 2020. My colleague's comments, however, have me questioning my original thoughts. In either case, this value stock is a long-term buy to hold for years to come. McDonald's (MCD)Source: 8th.creator / Shutterstock.com Next up from the value stocks camp are consumer discretionary stocks.Although it lost $4 billion in market capitalization in a single November day when McDonald's (NYSE:MCD) CEO Steve Easterbrook was fired for having a relationship with an employee, it's managed to claw back some of those losses in the two months since.Over the past 52 weeks, MCD stock -- thanks in part to Easterbrook's dismissal -- delivered a less-than-stellar total return of 20.2%, underperforming the markets by a considerable amount.Trading at 25 times its forward earnings and 7.8 times sales, it's priced like it's the best restaurant stock on the planet. It can't afford to go into a sales funk in 2020, or investors could see MCD stock trading under $200 for an extended period.Nonetheless, as InvestorPlace's Josh Enomoto said about the Golden Arches recently:"McDonald's is a proud member of the dividend aristocrats. It has increased its payout consistently over a 43-year period. If a downturn were to impact the markets, MCD stock is a name you'll want to own."I couldn't agree more. Coca-Cola (KO)Source: Fotazdymak / Shutterstock.com If I could only own two stocks in a recession, McDonald's and Coca-Cola (NYSE:KO) would be about as good a one-two punch as I can think of.Sure, Coca-Cola's struggled mightily in recent years to remain relevant in a world that's moved on from the company's syrupy drinks. But CEO James Quincey has made some big moves to make sure it stays a major player in the world of non-alcoholic beverages.Trading at 24.8 times its forward earnings and 7.3 times sales, it's neither cheap nor expensive -- but it is what I would term as fairly valued with room for growth. * Breakthrough Stocks: The Companies Set for Major Gains in 2020 However, as I said in September, in addition to the company's great products, it's got some equity investments that are likely to take off in 2020. Add to it a 2.8% yield, and you've got a value stock to stick in a drawer if there ever were one. Phillips 66 (PSX)Source: Jonathan Weiss / Shutterstock.com The thought of owning fossil fuel-related stocks in an era of renewable energy might seem pointless. But until we can turn off the oil switch, there still is a place in your portfolio for a company like Phillips 66 (NYSE:PSX).It's a quadruple threat with pipelines, refineries, chemicals business and gas stations.InvestorPlace's Aaron Levitt recently called PSX a value stock that generates real cash flows from its diversified business model. When it comes to energy stocks, Levitt knows his stuff. If he likes Phillips, I have to go along with him.Currently, PSX stock is trading at 10.1 times its forward earnings and just 0.4 times sales. So, if I have to own an energy stock, this is one of the few I'd be comfortable holding despite the fact it underperformed the markets over the past year.Furthermore, it might not be Warren Buffett's favorite stock -- that honor goes to Apple (NASDAQ:AAPL) -- but he still owns around $535 million or 1.2% of the company. Berkshire Hathaway (BRK.A, BRK.B)Source: Jonathan Weiss / Shutterstock.com JPMorgan (NYSE:JPM) just reported the most profitable year for a U.S. bank in history. It was so good, President Donald Trump was asking for thank you's from the company. Further, analysts are starting to come around about bank stocks in 2020.So, why recommend Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B) as my pick for the financial sector?For one, Berkshire's top-10 holdings include a lot of banks; A total of $67 billion to be exact. Secondly, BRK is ready for a breakout year. Over the past year, it's managed a total return of just 16%. This is well below the 28% return for the entire U.S. market. Trading at only 19.3 times its forward earnings and 2.2 times sales, it isn't overvalued relative to its peers. * 7 Financial ETFs to Buy Besides, it's a great way to play Apple indirectly and another great value stock. Anthem (ANTM)Source: Jonathan Weiss / Shutterstock.com In November 2018, I recommended Anthem (NYSE:ANTM) stock to readers, arguing that CEO Gail Boudreaux was one of seven women whose companies were worth an investment. Since then, the provider of medical benefits to more than 40 million Americans in 14 states through Blue Cross Blue Shield has underperformed the markets as a whole.However, the same can be said for UnitedHealth Group (NYSE:UNH), another big provider of healthcare plans. Over the past year, Anthem and UnitedHealth have nearly identical annualized total returns around 17%.It's not a coincidence that since President Donald Trump has taken office, companies like Anthem and UnitedHealth have underperformed the markets. The White House is intent on dismantling Obamacare. And in the end, while this might be good for Anthem, the uncertainty scares away investors. Trading at 13.5 times its forward earnings and 0.8 times sales, ANTM stock is considerably cheaper than UNH. While I like them both, Anthem is the value play of the two. Caterpillar (CAT)Source: Shutterstock Of the 100 top stocks in IVE, 12 are industrials -- including Caterpillar (NYSE:CAT). Except for General Electric (NYSE:GE), which had an excellent rebound year in 2019, performances for the sector weren't anything to write about. CAT's one-year return was half the market as a whole.A few of my InvestorPlace colleagues appear positive about the year ahead for the world's largest manufacturer of heavy equipment; And why not. With a 16% global market share, it still has a big part to play in the global economy.IP contributor Larry Ramer believes several macroeconomic factors will boost CAT stock in 2020:"Caterpillar's valuation of less than 14 times analysts' average 2020 earnings per share estimate is a real bargain in this market, where so many stocks are overvalued," Ramer stated in early January. "And its 2.8% dividend yield will pay investors to wait in case the market takes a while to realize that many macro trends are moving in Caterpillar's favor." * 5 Not-So-Hot Stocks to Sell in 2020 Caterpillar's been down, but it's not out. And it is just another one of the great value stocks to add to your portfolio. Prologis (PLD)Source: rafapress / Shutterstock.com In the world of logistics real estate, Prologis (NYSE:PLD) is a giant.InvestorPlace contributor Louis Navellier, who got his reputation with growth stocks, recently recommended PLD stock amongst a group of seven real estate investment trusts."Prologis is the stock you want if you're a true believer in the world of e-commerce. It's the largest industrial real estate company in the world," Navellier stated Jan. 10. "It has facilities all around the world. And by its $56 billion market cap, you can be sure it's a major player in this sector."Having followed the exploits of Amazon (NASDAQ:AMZN) very closely in recent years, I don't see how you can't be a true believer. Retail has become an omnichannel affair, and logistics real estate is how companies like Amazon win the game.Trading at 47.9 times its forward earnings and 18.5 times sales, it's not exactly a legitimate value play.However -- as my colleague suggests -- with growth slowing around the world, Prologis' 2.3% yield ensures that your hard-earned capital will outperform inflation in 2020 and beyond. Intel (INTC)Source: canon_shooter / Shutterstock.com Of all 10 stocks on this list, I would argue that Intel (NASDAQ:INTC) is the most legitimate value play of the bunch. Not only does INTC stock trade at a ridiculously low 12.4 times its forward earnings and 3.8 times its sales, but the $14.7 billion in free cash flow (FCF) generated over the trailing 12 months results in a free cash flow yield of 5.3%. This is based on an enterprise value of $276.4 billion. By comparison, Apple's FCF yield is 4.2%, based on an enterprise value of $1.38 trillion. You can argue whether this last stat makes Apple an even better value play than Intel or not. I'll leave that for another day. Nontheless, what's hard to deny is that a company that generates as much free cash flow as Intel does should not be trading for less than $60 a share.Intel might not get the glory like Advanced Micro Devices (NASDAQ:AMD). But when it comes to financial strength, Intel wins hands down. And all of these factors make it just another member of the great value stocks.At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The Top 5 Dow Jones Stocks to Buy for 2020 * 7 Fintech ETFs to Buy Now for Fabulous Financial Exposure * 3 Tech Stocks to Play Ahead of Earnings The post The 10 Best Value Stocks to Own in 2020 appeared first on InvestorPlace.
- PR Newswire
SHAREHOLDER NOTICE: Scott+Scott Attorneys at Law LLP Investigating Activision Blizzard, Inc.'s Directors and Officers for Breach of Fiduciary Duties - ATVI
Scott+Scott Attorneys at Law LLP ("Scott+Scott"), an international securities and consumer rights litigation firm, continues investigating whether certain directors and officers of Activision Blizzard, Inc. ("Activision") (NASDAQ: ATVI) breached their fiduciary duties to Activision and its shareholders. If you are an Activision shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982 or jpettigrew@scott-scott.com.
- Business Wire
Legendary Streetwear Designer Jeff Staple Teams up With the Overwatch League™ to Create First-of-its-kind Esports Kit
The Overwatch League™ today announced a first-of-its-kind collaboration with designer and streetwear powerhouse, Jeff Staple, to reimagine, design, and create an authentic player kit for esports. The new kits, designed in concert with Overwatch League player feedback for a look and feel that’s unique to both traditional sports and esports, feature elevated fabrics, premium graphic applications, new side gussets for adjustable comfort, and a fit that is cut and sewn to increase quality and wearability while gaming. Each of the 20 Overwatch League teams will have their own unique home and away kits during the 2020 season, which launches on Feb. 8.
- American City Business Journals
Røkkr, Wilf-owned 'Call of Duty' team, prepares to host esports event at the Armory
Organizers expect to sell out 10,000 tickets to the inaugural Call of Duty League weekend at the Minneapolis Armory taking place Jan. 24 to 26.
- Investopedia
Top Video Game Stocks for Q1 2020
The video game industry is involved in the development, marketing and sale of hardware and software, fueled by advances in technology, high-speed connectivity, and customized gadgets. Some of the top companies in the industry today include Sony Corp.
- TheStreet.com
Activision, EA, Take Two Have Catalysts for Longer-Term Growth -- Oppenheimer
The videogame industry has some near-term headwinds in 2020 but also a bright future, an Oppenheimer note focused on Activision Blizzard, EA and Take Two says.
- Business Wire
Activision Blizzard to Release Fourth Quarter 2019 Financial Results on February 6, 2020
Activision Blizzard, Inc. (Nasdaq: ATVI) intends to release its fourth quarter 2019 results after the close of the market on Thursday, February 6, 2020. In conjunction with this release, Activision Blizzard will host a conference call that will be broadcast over the internet.
- Benzinga
2020 Outlook Good For Video Game Publishers, Analyst Especially Bullish On Ubisoft, EA
In a look at the gaming landscape in the new year, analyst Jeff Cohen said he particularly likes "Assassin's Creed" publisher Ubisoft Entertainment SA (EPA:UBI), which is traded on the Euronext exchange in France, and which Cohen upgraded on Tuesday, and Electronic Arts Inc. (NASDAQ: EA).
- Zacks
Nintendo to Launch Life-Sized Video Game at Universal Studios
Nintendo (NTDOY) plans launch of life-sized video game to expand offerings and boost top-line growth.
- Barrons.com
Activision Blizzard Stock Is ‘Compelling’ Right Now. Here’s Why.
(ATVI) stock is attractive at current levels due to its strong franchises, according to Instinet. Activision Blizzard shares (ticker: ATVI) rose 21% last year versus the S&P 500’s 31.5% total return. On Tuesday, Instinet analyst Andrew Marok reaffirmed his Buy rating for Activision Blizzard shares.
- Yahoo Finance
How to use Big Tech to donate to Australian wildfire relief
Big Tech is getting in on the effort to aid in the Australian fire relief, giving consumers an easy way to donate to help those in need.
- Benzinga
Activision Blizzard Has Large Option Traders' Attention Following Bullish Analyst Commentary
Benzinga Pro subscribers received seven option alerts related to unusually large trades of Activision options. At 9:46 a.m., a trader sold 4,500 Activision call options with a $60 strike price expiring on Jan. 17 near the bid price at 43 cents. At 11:32 a.m., a trader bought 737 Activision call options with a $60 strike price expiring on Jan. 17 near the ask price at 51.1 cents.
- Zacks
Play "New Super Cycle" for Video Games With 3 ETFs & Stocks
Get set for a new super cycle in the video game industry with these stocks and ETFs.
- Zacks
TEGNA (TGNA) Announces Closing of $1B Senior Note Offering
TEGNA (TGNA) raises 2019 guidance supported by portfolio strength and strong subscriber growth.
- Zacks
Activision to Release Galakrond's Awakening for Hearthstone
Activision Blizzard (ATVI) is benefiting from franchise strength. The upcoming launch of Galakrond's Awakening for Hearthstone expands its gaming portfolio.
- Bloomberg
DBS Touts E-Sports Stocks as Bet on Millennial, Gen-Z Wealth
(Bloomberg) -- The electronic sports industry is likely to grow significantly in coming years and stocks in the sector are poised to benefit, according to DBS Group Holdings Ltd.E-sports, or multiplayer video games played competitively by professional gamers, is a key investment theme in the Singapore-based bank’s quarterly CIO outlook as the phenomenon gains traction among increasingly wealthy millennials and their Generation Z counterparts. Live streaming will help lead to “exponential growth,” with companies such as Activision Blizzard Inc., Nintendo Co. and Tencent Holdings Ltd. set to benefit, according to Thursday’s report.“E-sports is expected to undergo phenomenal growth in the coming years - from both a viewership and monetization standpoint,” the report said. “Game developers are predominantly the biggest beneficiaries given that they are involved in almost every facet of e-Sports – from games publishing to the creation of leagues and the hosting of tournaments.”Streaming platforms and hardware manufacturers will also benefit, it said.Read: Even Small Esports Names Gain as Industry Matures, Stephens SaysExposure to the field has already been paying off for investors. The MVIS Global Video Gaming and eSports Index is up 47% since the end of 2018, compared with the S&P 500’s 31% advance. The gauge of 25 companies which includes NetEase Inc., Zynga Inc., Take-Two Interactive Software Inc. and Electronic Arts Inc., has risen 3.4% this year versus a 1.4% gain in the broader benchmark.(Adds story link after fourth paragraph.)To contact the reporter on this story: Joanna Ossinger in Singapore at jossinger@bloomberg.netTo contact the editors responsible for this story: Christopher Anstey at canstey@bloomberg.net, Cormac Mullen, Naoto HosodaFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Business Wire
Soar Into Battle in Galakrond’s Awakening™, Hearthstone®’s Upcoming Solo Adventure
Descent of Dragons™, the latest expansion for Blizzard Entertainment’s smash-hit free-to-play digital card game Hearthstone®, has set the stage for the final battle between Azeroth’s mightiest heroes and wickedest villains. On January 21, players will take flight in Galakrond’s Awakening™, the highly-anticipated Solo Adventure that brings the Year of the Dragon to a close. The story takes place across two campaigns: one where players fight as the League of E.V.I.L. to carry out the nefarious Archvillain Rafaam’s plot to resurrect Galakrond, the progenitor dragon; and another where they’ll lead the intrepid League of Explorers into battle against the bad guys to foil their plans and save the world.
- Barrons.com
Two Videogame Stocks to Buy Ahead of New Console Releases
Videogame companies are already looking ahead to the next holiday season, with a new generation of gaming consoles on the way later this year. In 2013, the year the PlayStation 4 and Xbox One both launched in November, (ATVI) (ticker: ATVI) stock gained 69%, while Electronic Arts stock (EA) rose 58%. This year, (6758)’s PlayStation 5 and (MSFT)’s Xbox Series X will be out in time for holiday shoppers.
- Simply Wall St.
The Activision Blizzard (NASDAQ:ATVI) Share Price Is Up 222% And Shareholders Are Boasting About It
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...
- Zacks
NVIDIA Ups the Ante in E-Sports With New Gaming Displays
NVIDIA (NVDA) and ASUS' collaborative effort will enhance competitive gaming experience with superfast G-SYNC gaming displays.
- Zacks
JAKKS Pacific Up 36% in 3 Months: Can the Bull Run Continue?
JAKKS Pacific (JAKK) benefits from acquisitions, solid international footprint, focus on innovation and collaborations with popular brands.
- Benzinga
Nomura Internet Stock Preview For The Year: Buy Google, Activision Blizzard
Last year was a decent year for Nomura’s digital portfolio, one marked by margin expansion and strong top- and bottom-line estimates. However, Nomura expects more turbulence throughout 2020. Analysts Mark ...
- Barrons.com
Buy Activision Blizzard Stock Because Earnings Will Rise, Analyst Says
Activision Blizzard has rallied in the second half of 2019. An analyst at Credit Suisse still sees more room for the videogame stock to run.
