• «
• »

Cheap Stock #4: Activision Blizzard (ATVI)

Nancy Zambell spends her time searching for buried treasure stocks. One of the names on her buy list is Activision Blizzard (ATVI).

The company is the leader in the videogame space with four out of the top 10 games, including Guitar Hero in 2008. (More on Activision here.)

The recession has hurt demand for video games, as such purchases tend to be discretionary. But the longer term prospects of ATVI are outstanding. The stock just recently passed the $10 range, but it's cheap. Zambell thinks the stock has the potential to double from current prices.

And for those willing to take on a bit more risk, she offers another cheap stock here.

NEXT: Cheap Stock #4: Emergent Biosolutions