Jefferies says this growth stock is a buy. Here’s what I’d do

jefferies says this growth stock is a buy heres what id do

Sumary of Jefferies says this growth stock is a buy. Here’s what I’d do:

  • This is why there are a lot of growth stocks in the video gaming sector to choose from.
  • Fortunately, The Motley Fool UK analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global upheaval… We’re sharing the names in a special FREE investing report that you can download today.
  • I think it’s safe to say that Activision Blizzard has been a growth stock in the past.
  • The share price rose a huge 600% from 2013 to 2018. But recently, the share price has really underperformed other US growth stocks.
  • It’s notable that this profit growth is expected to slow to 5% the following year.
  • But it picks back up again to 23% for 2023. Video game stocks do sometimes have inconsistent growth that depends on game release schedules.
  • Recent share price weakness So what has caused this growth stock to underperform lately?
  • The company does boast huge game franchises, such as World of Warcraft and Call of Duty, after all.

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