ATVI and EA both popping today on Stifel upping their ATVI PT from $35 to $40. As mentioned recently, I think $35 in this market is a good price to lighten up on ATVI. I see on Yahoo the current year estimates have gone up to $1.79, as I said they would after the King buyout. OK, I said, "near $2", which they probably will be after some small beats as is typical of Kotick. Still, that means at $34.90 currently on today's pop it's at 19x forward earnings which given the macro risks I think is plenty fair. EA under $65 may present the better opportunity. Their forward P/E (one quarter further out than ATVI's) is a fraction below ATVI's currently, and I suspect EA will be more involved in the VR buzz, and ATVI is typically risk averse with new models. EA will get more buzz soon too with the likes of Titanfall 2 being shown in June for multiple platforms this time, and having a campaign, unlike the Microsoft only and MP only Titanfall 1.