Net Ease surprises on Earnings
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.