1. Perfect World ( PWRD), an online game developer and operator in China, develops games based on its game engines and game development platforms. Its technology capabilities consist of game engines, game development platforms and real-time anti-cheating expertise, developed and built in-house by its development team. Of the 17 analysts covering the stock, 71% recommend a buy, 18% suggest hold. The stock's average 12-month price target is $23.86, which is 83.1% higher than the current price, as per a Bloomberg consensus. The company has announced it will release its third quarter results on Nov. 21, 2011. Revenue for the core online game business is estimated between $110.5 million and $116.7 million, increasing 21% to 28% year-over-year. Also, PWRD plans to reduce its in-game promotional activities for a few of its existing games in the third quarter. PWRD announced a new joint venture with Nexon Korean Corporation, a global online entertainment company and publisher of micro-transaction-based massively multiplayer online games, to manage and operate online games in South Korea. >>To see these stocks in action, visit the 5 Online Gaming Stocks to Play portfolio on Stockpickr.