Business

Activision stock still looks like a buy. Here’s why.


Back in July, Barron’s make the case to buy

Activating blizzard

stocks in prediction of

Microsoft

completed a $69 billion acquisition of the company. With

activated

A stock that trades at a substantial discount to the agreed-upon price, a stock that looks closest to certainty in an increasingly uncertain market.

Four months later, the risks of the deal falling apart because of antitrust concerns remain unchanged. What has changed is Activision’s business outlook. The company behind call of duty and crushed candy are suddenly doing pretty well on their own.

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