Activision and Blizzard (ATVI) is one of my favorite gaming stocks of all time.
In 2018, I had to determine whether Activision Blizzard is a good buying opportunity.
This is really because there are a lot of negative events going on including the disastrous event of launching Diablo Immortal which is a mobile game, the sale of Bungie to China which has Destiny and Destiny 2 in it and Blizzcon 2018 was basically a mess.
Diablo is one of the most important and classic franchises of Activision and Blizzard and I played Diablo 1, Diablo 2 and Diablo 3 as a kid. Activision has some of my favorite games including warcraft, starcraft and more. I didn’t play World of Warcraft though.
In the next year’s Blizzcon, ATVI redeemed itself by launching Diablo 4, which is a desktop game instead of a mobile game.
This created a lot of goodwill and ATVI as a stock recovered its price significantly. So this is the stock analysis video explaining the price drop and price recovery of ATVI.