On Wednesday, Activision Blizzard stock got an upgrade for its IBD SmartSelect Composite Rating from 92 to 96.
The new score means the company is now outperforming 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria.
Activision Blizzard stock is not currently near a proper entry. Look for the stock to form and break out of a new chart pattern.
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Activision Blizzard stock sports an 81 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth tops 81% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
Activision Scores Continuous EPS Growth
In Q1, the gaming company reported 72% earnings-per-share growth. That marks three straight quarters of rising EPS growth. Top line growth increased 35%, up from 8% in the prior quarter. The company has now posted rising growth in each of the last three reports.
Activision Blizzard stock earns the No. 3 rank among its peers in the Computer Software-Gaming industry group. GRAVITY ADR is the No. 1-ranked stock within the group.
