By now we hear the name Activision and we automatically default to thinking about the successful gaming company behind Call of Duty, but Activision seems to be much more promising to most than people know. In particular Activision Blizzard’s stocks have jumped up to about $26 per share with real room to grow.
According to Zacks Investment Research there are 3 major reasons Activision’s stocks will continue to grow. Activision Blizzard is a company with highly successful franchises such as Call of Duty, World of Warcraft, Diablo, and Guitar Hero, each of which are still constantly pushing out games and content expansions. Activision Blizzard is also one of the top 100 best companies to work for according to Fortune citing great worker morale suggesting company stability and solidarity. Lastly, Activision Blizzard had an incredibly successful year last year generating 4.8 billion USD in revenue which is a 500 million dollar increase from 2013’s numbers suggesting room for growth in resources due to the money generated from successes.
Activision Blizzard’s current projects include two highly anticipated games that are sure to rack in a large amount of revenue, Call of Duty: Black Ops III and Starcraft II: Legacy of the Void. It’s hard to see anything but continued success for this company over the next few years at least.