Friday, November 21, 2008

Speculating NYSE:ATVI

Analysts expect the game industry to do well during a recession. The underlying opinion is that consumers will gravitate towards cheaper forms of entertainment (such as video games) during a downturn. They expect the current crisis to give this industry a good boost coming this Xmas.

I can't agree more with those analysts. And I've had an eye on my previous employer, Activision Blizzard, as of late. Their titles Guitar Hero: World Tour, WoW: Wrath of the Lich King, and Call of Duty: World at War are going to dominate the game top-seller charts this season.

ATVI is at $9.34 right now. Just watch their next earnings report.

Or you could bet on Gamestop (NYSE: GME). But I like ATVI more.

1 comment:

Anonymous said...

cool blog