2. China's Sky-Mobi (MOBI) operates China's biggest mobile application store by sales. The company sells games, music and books for mobile handsets and operates a mobile social network.
Last week, analysts at Citigroup initiated coverage on the stock assigning a buy rating and a 12-month target price of $12.
The three analysts covering the stock recommend buying and expect the stock to gain around 55% over the next 12 months with a consensus target price of $10.0.