The other is Activision (ATVI, Financial), one of the largest video game companies in the world. We believe it has a strong competitive position as its franchises -- which include World of Warcraft, Call of Duty and Candy Crush -- have attracted legions of loyal fans. Sheltering in place has provided a short-term benefit to the company, but will likely lure new customers to try out the games, and thus grow the video game industry overall. The longer we stay sheltered in place, the more Activision will likely benefit.
From Mairs and Power (Trades, Portfolio)'s Growth Fund second-quarter 2020 shareholder letter.
