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Up 75% in 2017 -- Why Activision Stock Is Still a Buy


Up 75% in 2017 -- Why Activision Stock Is Still a Buy

Even in a surging stock market, Activision Blizzard (NASDAQ: ATVI) stands out with its striking rally this year. Shares are up more than 75%, trouncing the broader market's 14% rise so far in 2017. Investors might be tempted to see that bounce as an opportunity to cash in quick profits. But this could be a case where the longer you play, the bigger your rewards.

Let's look at a few good reasons to stay greedy with this video game publisher's stock.

Image source: Getty Images.

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Source: Fool.com

Activision Blizzard Inc. Stock

€89.70
0.670%
The Activision Blizzard Inc. stock is trending slightly upwards today, with an increase of €0.000 (0.670%) compared to yesterday's price.
Currently there is a rather positive sentiment for Activision Blizzard Inc. with 3 Buy predictions and 0 Sell predictions.
On the other hand, the target price of 89 € is below the current price of 89.7 € for Activision Blizzard Inc., so the potential is actually -0.78%.
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