A Gaming Stock That Can Regain Its Winning Edge
Posted By Admin on July 18, 2011
As social gaming company Zynga prepares for its much-hyped initial public offering, some investors just arent buying reports that the company is worth $20 billion or more.
Luckily, another gaming company with millions of devoted fans, proven franchises and a stable revenue base trades for a fraction of that price: $14 billion market-cap Activision Blizzard (ticker: ATVI).
Despite its place in the online gaming world, Activisions shares have risen only 6% over the past 12 months, compared to a 22% gain for the Standard Poors 500 index. A big stock-market outperformer over the past five years, the stock has …
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