Today's video focuses on Activision (NASDAQ:ATVI), Paysafe (NYSE:PSFE), Shopify (NYSE:SHOP), and Square (NYSE:SQ). These four companies have shown to be strong leaders in the market, and each stock has seen a correction in stock price that could be providing investors with a buying opportunity. Here are some highlights from the video:
- In the past two months, Paysafe has announced three acquisitions. Two will help Paysafe accelerate its expansion into Latin America, and the third will help accelerate its expansion into Europe. Paysafe's stock price is currently down over 50% from its 52-week high closing.
- On Sept. 9, Square announced a 10-year partnership as the exclusive point-of-sale, payments, software, and merchant services provider for Sofi's (NASDAQ:SOFI) new stadium. Square has also recently announced its latest product expansion in Canada with Square Register and its current plans to acquire AfterPay (ASX:APT), a buy-now-pay-later company.
- Activision's stock price has declined over 20% from its 52-week high closing. Lots of negative news clouds the company, from China's limiting the time children can spend playing video games to lawsuits against Blizzard's leadership. Regardless, Activision games like Call of Duty and Candy Crush continue to be among the highest-grossing mobile games.
Click the video below for my full thoughts and analysis.
*Stock prices used were the closing prices of Sept. 10, 2021. The video was published on Sept. 11, 2021.