Activision Blizzard shares jumped around +3% Tuesday, on a rating upgrade by Goldman Sachs.
Goldman Sachs analysts raised their rating on the gaming company to buy from neutral. The investment bank also included the stock it to its Conviction Buy list.
Praising new content among Activision’s games including "Storm Rising" and Workshop mode for "Overwatch," "Rise of Shadows" and "The Dalaran Heist for Hearthstone", Goldman said that it sees an "inflection" in the game-maker's earnings path. The analysts also pointed at the upcoming releases of Activision’s "Diablo Immortal" and "Call of Duty Mobile" games as potential tailwinds for the stock.
Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
a publisher of online, personal computer, console, handheld and mobile interactive entertainment products
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