Activision Blizzard (ATVI)

by | Nov 12, 2020 | Daily Trade Alert

Video game stocks may be some of the top trade opportunities heading into the holiday season, especially with the release of new gaming consoles from Sony and Microsoft.

Plus, we have to consider the demand, the excitement, the revenue growth ahead for video gaming has been off the charts, creating a potential $257 billion opportunity by 2025. “Gaming is one of the largest and fastest-growing forms of entertainment in the world. We expect there to be more than $200 billion of revenue in this industry in 2021,” Kyle Vikstrom, Microsoft’s director of investor relations said, as quoted by CNN.

Growth is far from over for gaming. One of the top stocks you may want to consider in this sector is Activision Blizzard (ATVI). After a slight pullback to $76.55, ATVI could easily test its previous high of $86.02 again soon on expected gaming and console demand.

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