Top Stock Picks '09: Activision Blizzard (ATVI)

Filed under: Newsletters, Activision Inc (ATVI), Stocks to Buy, Best Stocks for 2009

This post is part of a special annual report -- Top Stock Picks '09 -- in which TheStockAdvisors.com asked 75 leading newsletter advisors to select their favorite investment for the new year.

"The video game industry provides the best entertainment value per dollar and has generally been considered a recession resistant industry," says Asif Suria.

In his SINLetter, the advisor looks to the newly combined game maker Activision Blizzard (NASDAQ: ATVI) as his top investment idea for the coming year.

"October video game retail sales increased 18% year-over-year and software sales jumped a whopping 35% to $696.8 million. November proved to be another good month with both overall and software sales up 10% and 11% respectively.

"However looking at the stock of industry leader Electronics Arts, which has lost more than 70% since the start of this year, this hardly seems to be case. Competitor Take-Two Interactive fared a little better but still lost more than half its value over the same time period.

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Top Stock Picks '09: Activision Blizzard (ATVI) originally appeared on BloggingStocks on Wed, 14 Jan 2009 08:00:00 EST. Please see our terms for use of feeds.

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