Netease is a Way to Play the Coronavirus Fears
With the coronavirus hitting China, people are staying home, perhaps playing Netease (NTES) video games online.
With the coronavirus hitting China, people are staying home, perhaps playing Netease (NTES) video games online.
Netease’s (NTES) profit estimates have been on the decline for three straight qtrs. But with a P/E of 20 the stock is nicely priced. Time to sell now?
Netease (NTES) and Mattel have started a joint venture to bring Mattel’s vast array of toy brands to life in the video game market. Here’s my take on NTES stock for now and in the future.
Netease (NTES) just missed profit estimates, and had future estimates slashed. But Chinese Internet stocks remain hot and NTES has a P/E of just 19. Time to sell?
The future of entertainment is virtual reality video games, where crowds gather at competitions and online to watch matches, giving Netease (NTES) growth opportunity.
Netease (NTES) showed investors it is Master of the Universe in gaming as it trounced analyst profit estimates while posting profit growth of 64%.
Although 70% of Netease’s (NTES) sales are from video games, management isn’t playing around as it pays a hefty dividend, buys back shares, and has a stock that’s up ten-fold in 10 years.
Playing video games on mobile devices is where the money’s at for Netease (NTES) as the stock surges higher.
Chinese Internet stock Netease (NTES) is breaking out solidly today on the backs of 93% profit growth and a 16 P/E.