Activision: More To Come In 2018

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About: Activision Blizzard, Inc. (ATVI)
by: Aleksey Razdolgin
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Aleksey Razdolgin
Long/short equity, value, portfolio strategy, small-cap
Summary

Despite the recent November pullback of Activision’s stock, the company continues to be one of the top performers of the gaming and entertainment industry.

The development of Activision’ s video gaming, eSports and mobile initiatives will have a positive impact on its shares in the long-term.

I continue to hold a long position in Activision and see no reason to sell any of my shares.

Since the end of November, Activision's (NASDAQ:ATVI) stock dropped by around seven points from its November highs, but by the middle of December it was back at its new highs. If we look