Could Activision Blizzard Be a Millionaire-Maker Stock?
Activision Blizzard (NASDAQ: ATVI) reported strong earnings for the first quarter of 2020, benefiting from an increase in video gaming time as people sheltered at home due to the coronavirus pandemic. The outcome resulted in the stock reaching a 52-week high of $75.97 on May 11.
With coronavirus lockdowns just starting to ease, gaming time is likely to remain high for now. While the current circumstances help Activision Blizzard in the short term, can it generate outsize returns post-pandemic and perhaps help investors make a million in returns? Let's dig into the company to find out.
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Source Fool.com
