Better-than-expected sales for the company's recently released Far Cry 6 have given the stock a small boost, but shares are still trading at a big discount. Properties including Rainbow Six and Ghost Recon have lost some ground after previously looking like long-term growth drivers.
While Activision Blizzard has continued to put up solid numbers with its free-to-play (F2P) Call of Duty games and Take-Two Interactive is generating excitement with new Grand Theft Auto releases on the horizon, the outlook for Ubisoft's franchise software catalog has broadly taken a turn for the worse. The France-based publisher now has a market capitalization of just $6.6 billion and looks cheaply valued despite relatively underwhelming performance from the business. The company's share price is down roughly 44% in 2021 and roughly 50% from its 52-week high. Keith Noonan (Ubisoft): The global video games industry continues to have a promising growth outlook, but that hasn't helped Ubisoft stock much this year. Bet on a turnaround for this beaten-down gaming company
Take 2022 for example on average, prognosticators are expecting 25% annual growth in revenue for that full year, and believe the company will more than double its per-share net profit. So it's little wonder that analysts think Disney's best years are ahead of it. And it has the financial discipline to keep being profitable no matter the headwinds coming toward it. The company has numerous levers to push, backed by a massive library of top-flight content and brands, to crank revenue higher. I think this provides opportunity to buy the stock on what will eventually prove to be a significant discount. Investors don't like having payouts yanked away from them. The company also suspended its dividend last year and there's no sign of when it'll be reinstated. For one, Disney+ is maturing, and no matter how solid the content lineup is, subscriber growth won't be as hot as in the service's initial years. In recent times, Disney stock has been dampened somewhat by a few justifiable worries.
And the theme parks are still getting on their feet the division they belong to (parks, experiences, and products) drew just over $4.3 billion in Q3, well down from the almost $6.6 billion in the same quarter of pre-pandemic 2019. In the third quarter, overall Disney managed to blast its revenue 45% higher on a year-over-year basis, and we're not even fully out of the pandemic yet.
It nearly goes without saying that Disney is hardly a slouch in the movie segment either it's constantly at the top of box office lists, especially for its Marvel superhero titles. Walt Disney ( NYSE:DIS), Ubisoft ( OTC:UBSFF), and Fiverr International ( NYSE:FVRR) are stocks you can buy today if you want to double your money, and you won't have to wait a decade for it to happen. It proves the old adage that to make money investing "it's not about timing the market, but your time in the market." For investors who want the best chance of having a comfortable retirement, investing in stocks and staying in the market for the long haul is the correct strategy. The 1940s produced compound annual returns of 10.2% annually, including dividends, while the 2010s generated a compound annual growth rate (CAGR) of 14%. That means an investor would have doubled their money within about seven years and five years, respectively. Yet the decades that followed made up for those shortfalls. There have been only two decades when stocks have had negative returns: the 1930s, during Great Depression and the 2000s, when a confluence of events including the tech bubble, 9/11, and the financial crisis all conspired to plunge the market into the red.