This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Online Gaming Stocks to Play

2. Changyou.com (CYOU - Get Report) is an online game developer and operator in China engaged in the development, operation and licensing of its massively multiplayer online role-playing games (MMORPG). Besides, it has a leading in-house technology platform that includes advanced 2.5D and 3D graphics engine, a uniform game development platform and many other techniques.

Of the 19 analysts covering the stock, 89% recommend a buy and 11% advise a hold. The stock's average 12-month price target is $42.67, which is 68.2% higher than the current price, as per a Bloomberg consensus.

For the third quarter of 2011, CYOU reported total revenue of $119 million, up 39% from the same period a year ago and a sequential increase of 13% over the prior quarter. For the period, net profit to shareholders stood at $52.8 million, an increase of 17% over the same quarter a year ago.

As per industry news, Changyou.com is planning to launch additional racing contests in Duke of Mount Deer as the game has attracted thousands of players from 136 groups of servers. Up ahead for 2011 fourth quarter, the company expects total revenue to be between $122 million and $125 million and net income of $58 million to $60 million.
5 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
GA $0.00 0.00%
CYOU $19.46 2.15%
IGT $16.93 2.98%
PWRD $20.17 1.77%
AAPL $112.34 4.29%

Markets

Chart of I:DJI
DOW 16,351.38 +293.03 1.82%
S&P 500 1,948.86 +35.01 1.83%
NASDAQ 4,749.9790 +113.8740 2.46%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs