Electronic Arts's most recent trend suggests a bullish bias. One trading opportunity on Electronic Arts is a Bull Put Spread using a strike $115.00 short put and a strike $110.00 long put offers a potential 23.46% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $115.00 by expiration. The full premium credit of $0.95 would be kept by the premium seller. The risk of $4.05 would be incurred if the stock dropped below the $110.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Electronic Arts is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Electronic Arts is bullish.
The RSI indicator is at 75.67 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Electronic Arts
Activision Will Ride the Shelter-in-Place Trade to New Highs
Fri, 24 Apr 2020 16:45:44 +0000
Activision Blizzard (NASDAQ:ATVI) stock has long been one of the best ways to profit from the rise of the video gaming industry. And that trend is enjoying a huge acceleration now.Source: madamF / Shutterstock.com In fact, thanks to the novel coronavirus, investors have been flocking into the so-called "SIP trades." These are the stocks that are most likely to benefit from the "shelter in place" orders in the United States and around the world.A few high-profile examples of SIP stocks include:InvestorPlace – Stock Market News, Stock Advice & Trading Tips * Amazon (NASDAQ:AMZN), the online shopping titan. * Peloton Interactive (NASDAQ:PTON), the vendor of premium stationary exercise bikes. * Electronic Arts (NASDAQ:EA), publisher and distributor of video games. * Ocado Group (OTCMKTS:OCDGF), a pioneer of robotic logistics and home grocery delivery. * Netflix (NASDAQ:NFLX), the leading subscription video streaming company. * 30 Consumer Stocks to Buy Once the Coronavirus Pandemic Passes All five of these stocks share one enviable feature: They hit new all-time highs over the past week! Activision has not yet reached a new all-time high, but I expect it to do so before the year is out. That's because it benefits from the same desirable traits as these other five winning stocks. Already, Activision's shares have been heating up, and they should have more room to run in coming weeks and months. eSports Are BoomingOne year ago, I pinpointed a trend I believed would fuel a powerful, long-term investment opportunity. I called it the "Screen Time Megatrend," and highlighted the video gaming and eSports industry as one main beneficiary.Already, eSports have become increasingly well-known as a popular emerging pastime. Wealthy investors have plowed hundreds of millions of dollars into creating professional leagues around various video games. Cable TV channels have covered some of the bigger matches. Young gamers are making serious money, and it's become a real alternative to traditional sports. Even prior to the coronavirus and the ensuing shutdown of other professional sports for 2020, eSports were shaping up as a power player.Industry analysts expect a slight dip in eSports' momentum, at least on a professional level, due to the virus. Newzoo, for example, trimmed its eSports revenue estimate for 2020 from $1.1 billion to $1.05 billion as some live events have been canceled. However, the vast majority of the industry's events should proceed as planned.That's light-years ahead of other professional leagues, which risk seeing most of their revenues wiped out entirely for 2020 if they can't get games going again. And Newzoo doesn't expect the virus to affect eSports' long-term future; they see the eSports industry's revenues rising to $1.6 billion in 2023, making for a 50% gain in just three years. The Shelter-in-Place MegatrendThe coronavirus epidemic is supercharging the rise of video gaming and eSports. That's the main reason I'm excited about Activision. Gaming was already on a major growth spurt even before the coronavirus hit. Now with everyone cooped up at home, companies like Activision are having a fantastic opportunity to establish new traditions and habits with users. And it's not just young people gravitating to video games either; many adults are getting in on the fun as well.The "Screen Time Megatrend" I started talking about a year ago is virtually the same thing as the "Shelter-in-Place Megatrend" many folks are talking about now. No matter what you call it, the societal migration from face time to screen time is not simply a fad or a generational quirk. It is a fundamental societal change.Based on anecdotal evidence, the ranks of gamers worldwide has swelled significantly during the COVID-19 epidemic. Wall Street analysts agree. Morgan Stanley just reiterated its "outperform" rating on Activision Blizzard stock, noting that "[Video game] publishers continue to see increased player bases, engagement, and in-game monetization." Activision Blizzard Stock VerdictAfter the crisis passes, most of these new converts may reduce their gaming time. But they won't eliminate it. Activision has created tons of loyal new gamers during this crisis, and helped move up mainstream gaming adoption by many years. That in turn will funnel way more money into eSports leagues, gaming blogs, fan communities, and the rest of the ecosystem around digital entertainment.In other words, what Wall Street analysts call the "addressable market" of video gamers has probably increased by tens of millions of dollars during the last few months. And the amount of money to be made goes up sharply as well. We're not just talking about selling people a $49 disc once a year anymore. As gaming becomes a central passion for many people, they'll be willing to spend far more on the product. Activision, as an owner of much of the best intellectual property in the space, will be a big winner.And with its cash-rich balance sheet, Activision is ideally positioned to ride out this downturn and take advantage of opportunities both during the quarantine and once the economy starts to open back up again.Eric Fry is an award-winning stock picker with numerous "10-bagger" calls — in good markets AND bad. How? By finding potent global megatrends … before they take off. And when it comes to bear markets, you'll want to have his "blueprint" in hand before stocks go south. Eric does not own the aforementioned securities. More From InvestorPlace * America's 1 Stock Picker Reveals Next 1,000% Winner * 25 Stocks You Should Sell Immediately * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post Activision Will Ride the Shelter-in-Place Trade to New Highs appeared first on InvestorPlace.
Is Electronic Arts (EA) Stock Outpacing Its Consumer Discretionary Peers This Year?
Fri, 24 Apr 2020 15:30:03 +0000
Is (EA) Outperforming Other Consumer Discretionary Stocks This Year?
3 Reasons to Buy Activision Blizzard Stock Right Now
Fri, 24 Apr 2020 13:51:58 +0000
Activision Blizzard (NASDAQ:ATVI) has gone through a tough couple of years. To many investors' surprise though, Activision Blizzard stock has been quite strong over the past year. In fact, shares are up even so far in 2020, higher by almost 12%.Source: Trismegist san / Shutterstock.com That comes at a time where the S&P 500 is down 13.3%, as the novel coronavirus causes an economic halt across the globe.Activision Blizzard isn't alone, either. Both Electronic Arts (NASDAQ:EA) and Take-Two Interactive Software (NASDAQ:TTWO) are both up on the year, too.InvestorPlace – Stock Market News, Stock Advice & Trading Tips * 7 Stocks to Buy to Maximize Your Stimulus Check Can the rally in Activision continue? I think it can, for three main reasons. Relative Strength Click to Enlarge Source: Chart courtesy of StockCharts.comActivision Blizzard stock has very notable relative strength. When the markets are struggling, traders look for relative strength because they want stocks that are doing well vs. the rest of the market.As the broader market remains under pressure, Activision has had a constant bid under its stock. That action is attractive to bulls, who would obviously rather own a stock that's going up than a handful of others that are going down.Of course, that knife cuts both ways, as so-called "coronavirus stocks" have the potential to retreat once stay-at-home orders begin to ease. In any regard, the stock's relative strength is worth digging into a bit more.While EA and Take-Two are up on the year, consider that Activision Blizzard stock has outperformed both of them. Its 12% year-to-date rally trumps both stocks, which are up just 6.6% and 4%, respectively. Over the past year, ATVI shares are up 47.7% vs. a 38.6% rally for Take-Two and a 23.8% rally for EA. Note that the S&P 500 is down 3.7% in that same timeframe.I want to point out one other observation as well, to highlight that the outperformance in Activision Blizzard stock isn't due to just coronavirus. Going back to the December 2018 low in the S&P 500, to its high on February 19th 2020, ATVI stock barely edges out the index, up 38.7% vs. 37.2%.But virtually any other time between then and the index's high in mid-February, ATVI has outperformed the broader market and has done so by a fairly wide margin. For instance, from one year ago on April 23 to the index's high on Feb. 19, Activision is up 38.4% to the S&P 500's 15.4% gain. Coronavirus BumpMany aren't surprised by the current relative strength in Activision Blizzard stock. However, many are likely surprised to hear of its outperformance over the last 16 months, particularly when basing it on the absolute best time to own the S&P 500. In any regard, it would be false to say there haven't been short-term catalysts in play too.Investors are stepping up and buying Activision because it's seeing a bump in sales and engagement due to the coronavirus. We know stay-at-home orders are forcing consumers to look at in-home entertainment options, as evidenced by Netflix's (NASDAQ:NFLX) recent earnings report. Even though analysts knew it had strong signups, the company almost doubled expectations by adding 15.77 million new customers in the quarter.We don't have to make a guess based on Netflix, though. We already know video games are doing well. March 2020 sales were the best for the month since 2008. Hardware and software sales both experienced a jump, with game sales and consoles doing well.Nintendo (OTCMKTS:NTDOY) led both hardware and software, with its Animal Crossing game topping Activision's Call of Duty: Modern Warfare. Still, Activision's top game logged second place on the top ten list, after leading it the month before. Beyond the Short-Term BumpGaming has been a secular trend for some time now. Those that thought millennials would grow up and put down the video games were wrong. As younger gamers continue to enter the mix and as E-sports continues to gain momentum — and in some cases, mind-boggling momentum — older generations aren't giving up their controllers. Those who grew up on gaming keep on gaming, and that's what has kept this industry alive and thriving.With Activision Blizzard's deep library of gaming content and leadership, expect the stock to keep on chugging higher over the long-term. In that realm, mobile will play a large role in the company's future as well. As CEO Bobby Kotick said near the end of 2019, "We have 350 million users in 190 countries… I see no reason that number shouldn't be 1 billion in five years."Matthew McCall left Wall Street to actually help investors — by getting them into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA) and +1,044% in Tesla (TSLA), just to name a few. Click here to see what Matt has up his sleeve now. Matt does not directly own the aforementioned securities. More From InvestorPlace * America's 1 Stock Picker Reveals Next 1,000% Winner * 25 Stocks You Should Sell Immediately * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post 3 Reasons to Buy Activision Blizzard Stock Right Now appeared first on InvestorPlace.
EA SPORTS & ESPN Announce the Return of Madden NFL Competitive Programming in Lead up to the Live Madden Bowl Finals
Fri, 24 Apr 2020 13:00:00 +0000
Today, Electronic Arts Inc. (NASDAQ:EA) and ESPN announced new Madden NFL 20 Championship Series (MCS) programming set to deliver more competitive action and entertainment straight to the homes of sports fans and gamers following the excitement of the live 2020 NFL Draft. To kick off the programming, ESPN2 will air the first two episodes of the "ROAD TO THE MADDEN BOWL," bookended by the final match of the ESPN Madden NFL 20 Celebrity Tournament and the live Madden NFL 20 Last Chance Qualifier – bringing ESPN2’s Madden NFL airtime to a total of five consecutive hours this Sunday, April 26. All programming will be available for replay immediately after the ESPN2 airing within the ESPN App.
4 Media Companies With Outstanding Profit Margins
Thu, 23 Apr 2020 22:10:17 +0000
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