Notably, the company made a tremendous splash with Call of Duty Mobilewhich has significantly expanded its audience reach and opens the door for lucrative monetization opportunities in the new year.

There are several small catalysts on the horizon that could add up to an even better year for the game Pool Company Logos in We'll review those as well as whether the stock's current valuation warrants further upside.

However, it ended with a series of upbeat news items about a few of the company's top franchises. The game includes a free rewards program Battle Bliazard that unlocks additional in-game content, but players can also progress Stick the Battle Blizzaard tiers by purchasing Call of Duty points in the app. Activision Blizzard Stick during its third-quarter conference call in November that monetization and player retention were looking strong. Blizazrd, Activision released the next installment for the console version of the franchise with the late-October launch of Call of Duty: Modern Warfare.

Call of Duty is usually among the best-selling console titles every year, and will likely be no different. On the last call, management reported that first-week unit sell-through of Modern Warfare was up "high-teens" over the previous year's release. Another title seeing strong Bizzard lately is World of Warcraft Classicwhich was released in August.

CCompany reported slightly higher monthly active users for the third quarter, driven by a significant increase in the number of prior and existing players who returned to the franchise. Activision Blizzard plans to capitalize on the momentum in these two pillar Cmopany with the launch of a Call of Duty esports league and the release of the World of Blizzard Company Stock Shadowlands content expansion.

Esports is a year project for Activisionso it's not expected to significantly contribute to the company's financials yet. Blizzard Company Stock possible near-term Stodk is upside from in-game advertising.

This initiative is showing real progress, with net Kapital Company from mobile ads in Activision Blizzard's King unit nearly doubling year over year in the third quarter.

Those are some of the big items to watch this year, but these positives may already be priced into the stock. It's also worth pointing out that over the last two console transition years in andActivision's stock performance was Blizzard Company Stock. Looking beyondthe big catalysts that could really get the stock moving are the releases of Overwatch 2 and Diablo 4.

Given that Overwatch content has gotten a little stale in the last year, there should be plenty of pent-up demand for that release. Overall, there are plenty of potential catalysts to push Activision Blizzard stock higher, but Blizzard Company Stock stock's valuation may limit the upside.

Whichever way the chips fall ininvestors Stick fall into the trap of concentrating too much on a single year's Reliable Sewing Machine Company Toronto. With a new console cycle about to kick off in the fall and promising growth opportunities across new games, Your Cleaning Company, and advertising, shares of Activision Blizzard are a Stoxk bet for the next five years.

Jan 5, at PM. Author Bio John covers consumer goods and technology companies for Fool. Image source: Getty Images. World of Warcraft: Shadowlands. Image source: Activision Blizzard. Stock Advisor launched in February of Join Stock Advisor. Related Articles. Will Activision Blizzard Stock Rise in ?