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Activision Shares Could Rise By 50%

If you're looking to get into the stock market, you might want to take an educated chance on Activision Blizzard.

According to Reuters citing Barron's, the game publishing kingpin could see a 50% rise in the price of its stock.

Activision shares are currently down about 10% this year and are trading at around the $11.25 mark, but that could rise significantly "due to new products and improved cost-cutting." One BMO Capital markets analyst now predicts the stock will hit $17. For the record, the publisher is debt-free and they repurchased shares in the first half of this year; the company also formed a partnership with Tencent Holdings, China's largest Internet provider, to bring a Call of Duty online iteration to market. It's expected to be quite popular.

The 10% fall in stock price this year has been attributed to a general slowdown in demand for packaged video games for use with traditional game consoles. The digital age is coming fast, after all.

Tags: activision, activision stock, activision blizzard, call of duty

8/5/2012 8:39:52 PM Ben Dutka

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Comments (8 posts)

oldmike
Sunday, August 05, 2012 @ 11:24:47 PM
Reply

i hope that the new COD bombs
but i know that will not happen to many sheep

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berserk
Monday, August 06, 2012 @ 6:10:54 AM

What about the sheeps ( you ) that are jumping on the cod hater train and think they are so cool calling gamer who love cod sheeps .

Also , hoping that millions of people waste 70 on a game is not nice at all .

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CrusaderForever
Monday, August 06, 2012 @ 9:19:00 AM

Oldmike just made a very Youngmike comment.

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oldmike
Monday, August 06, 2012 @ 4:49:53 PM

no i want it to NOT sell well i want more NEW games not rehashes

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ulsterscot
Monday, August 06, 2012 @ 4:34:58 AM
Reply

Yes I can almost see the sneer on your face as you type the word "Sheep" and can only imagine the feeling of superiority you get delivering such a witty insult. Many of us "sheep" will be having a blast with the next COD while you are living in your mom's basement glued to the latest RPG blockbuster (heh heh).

Grow up.

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Neo_Aeon666
Monday, August 06, 2012 @ 9:58:56 AM

lol you totally did the same thing he did in the last part of your comment XD The *Grow up* part really shouldn't be there :P

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Neo_Aeon666
Monday, August 06, 2012 @ 10:01:07 AM
Reply

Next thing we know they (Chinese) will refuse and a few months later we will hear that *Call of Chinese: Conquest of the West* Will be released :P They are so good at copying things XD

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BikerSaint
Monday, August 06, 2012 @ 12:47:50 PM
Reply

Shame I don't have the funds to buy all f their shares......

.....cause the only thing I'd change is to demand Kotex's ouster from antivision.

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