Net Ease surprises on Earnings - Peter Lynch Investor

Net Ease surprises on Earnings

Nov. 16, 2017   Category: Fast Grower, Stocks

Net Ease has a PEG Ratio of 0.6085 making this Chinese video game maker an affordable growth company.

I like video game space in general. I’ve been a holder of Activision (ATVI:NASDAQ) for three years and in that time it’s appreciated over 300%.

I bought it when everyone was saying traditional video game makers were going to lose out to mobile games. Glad I ignored everyone’s negative sentiment and bought it.

I feel the same with Net Ease (NTES:NSDAQ). This company has a lot of negative sentiment around it. It’s got good titles that people are buying. I’m a long term investor so I don’t mind the negative sentiment.


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