Author Bio
Top video game producer
Activision Blizzard (NASDAQ:ATVI) will report its first-quarter earnings on Tuesday, May 4, after the market closes.
After soaring in 2020, the stock price hasn t budged, currently down 1.4% year to date at the time of this writing. Investors are likely waiting to see how Activision Blizzard s business performs as the economy reopens.
We ll review the company s recent performance and guidance before determining whether it s worth a buy. Also, there s one interesting trend that could serve as a near-term tailwind for Activision s business.
Image source: Activision Blizzard.
2020 was a record year for Activision
After slumping in late 2018, the stock rocketed to new highs in 2020 following a completely revamped
Author Bio
Howard grew up in Philadelphia watching the Philly sports teams struggle for championships. He has been investing since 1989 and been a Fool since 2001. Prior to joining The Fool as a contract writer in 2019, Howard worked in the steel business as an engineer for 28 years. When he isn’t writing, he is usually out for a run, or relaxing to the music of the Grateful Dead.
The recent proposal from President Joe Biden for a $2 trillion infrastructure package highlights the growing focus on renewable energy and sustainability in the United States. But it doesn t stop with the U.S., as sustainability initiatives grow globally from both corporations and governments. Even if Biden s proposed bill fails to pass, there is an unmistakable movement that will continue in the private sector.
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