2Q23 Earnings Updates: Part Two – ATVI, AAPL, NXST, SONY, DIS, HD, and WMT

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Activision Blizzard (ATVI): ATVI reported strong 2Q23 results well ahead of analyst consensus.  A good launch for the latest Diablo game, ongoing strength in King mobile games, and steady results for Call of Duty and World of Warcraft led to the positive quarter.  Analyst estimates moved up for 2023 but less for 2024.  The more […]

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Sticking with Mid Cap and Growth as Stock Market Breadth Expands

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Northlake’s Market Cap and Style models continue to favor midcap and growth following the latest updates.  Client accounts using Northlake’s models will hold the S&P 400 Mid Cap (MDY) and the Russell 1000 Growth (IWF) for at least one more month. The Market Cap model shifted to midcap last month and the new reading shows […]

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