I realize that the main purpose for many people on this forum is to promote the value of cryptocurrency. I hold some myself and am currently mining with an Antminer. However, before bitcoin was created, and even now, placed their money into companies through purchasing options, bonds, and stocks as an investment.
Thus, I'd like to share some of my top favorite stocks the next few days. Hopefully, everyone can see alternate versions of investments, and I will be sharing if I own the stock or not, myself.
First up, Activision Blizzard (ATVI)
This stock has been in my portfolio for years and as full disclosure I have a position at the current time.
Pros:
First, It's begun to give a reliable and constant dividend, as the image below shows dividends becoming constant in 2016 and 2017. While it isn't guaranteed, usually such payouts mean a constant dividend moving forward can be expected (the market punishes stocks who do not follow such tendencies).
(source: https://www.streetinsider.com/dividend_history.php?q=ATVI)
And the price is up 71% overall for the year.
(Source: https://www.streetinsider.com/stock_lookup.php?q=ATVI)
Several strong titles ensure a steady cash flow:
1.) Overwatch
2.) Call of Duty
3.) World of Warcraft (WoW)
4.) Skylanders series
5.) Starcraft
6.) Destiny
7.) Hearthstone
8.) Diablo
These are among some of the best selling games of all time, but do not include all of their games. WoW titles guarantee a monthly income with its user base in the millions. Call of Duty games have had sales in the amount of $1 Billion for the past few years after each release. games such as Starcraft and Overwatch are MLG games. The company has a strong product that is seen in both the casual and competitive gaming world.
Cons: P/E ratio is a tad high at 42.
By definition, the P/E ratio is the price of the security/ current earnings. As such, a typically "safe" P/E ratio has been seen as 20-25x earnings. However, with the most recent stock market bull run, many companies are seeing P/E ratios that are much higher. Take Amazon for example, it has a P/E ratio nearly 200.
This could be due to an increase in consumer sentiment about the market as a whole. It could be due to increased confidence in specific companies. Personally, I'm in the first group. Stocks are, as a whole, largely overvalued. However, in an era of inflated P/E's a 42 may be a slight cause for a concern, but its still a fair P/E.
Everyone on here gets to make their own financial advice. The overall purpose of supporting Steemit, is to increase the popularity of the brand and in turn, the income we all hope to create on here. However, a safely balanced portfolio always gauruntees that in the case of a meltdown, you won't be left holding an empty bag.
Thus, I'd consider adding ATVI to your own portfolio.
Have any stocks that you'd like to consider?
feel free to post a comment below, and maybe I'll make my next piece on it!
Want to see more in-depth technical analysis?
Just say the word, and I'll be happy to tweak my next post to show some!
Thank you for your time and have a great day!