5 Best Video Game Stocks to Invest in Now

3. Activision Blizzard, Inc. (NASDAQ: ATVI)

Activision Blizzard, Inc. (NASDAQ: ATVI) is a U.S-based video gaming company worth investing in. The company came into being in July 2018 following the merger of Activision, Inc. and Vivendi Games.

The company reported better-than-projected results for the Q4 2020 and FY 2020. Activision Blizzard reported $2,413 million in GAAP net revenue in Q4 2020 compared to $1,986 million reported in Q4 2019. With the improved results and a projected bullish 2021, the company receives an improved rating from analysts. Stifel has upped its price target for Activision Blizzard, Inc. (NASDAQ: ATVI) stock by 27% to $119. According to Stifel, among the company’s games that did well in Q1’21 include Candy Crush Saga, World of Warcraft, and Call of Duty.