Netease (NTES) Stock Profile


Some reasons why the China internet stocks like Netease (NTES) hase done so well this year is based on their Sales and Earnings Growth along with being in a strong performing Industry Group.

The chart below shows how NTES Earnings Growth really increased substantially from 2002 into 2003 as compared to 2001 into the early part of 2002. 

In addition note the Relative Group Strength of the Internet-Services sector over the past year as well in which the Group Strength has been hovering around 99.   Also note the Internet-Services stocks have been up 162% as a group during the past year.

INDUSTRY CURRENT 1 Month 3 Months 6 Months 1 Year One Week Total Return
GROUP RANK Ago Ago Ago Ago Change since 1/1/03
Internet-Services 99 99 99 99 99 9.1% 161.9%

 

Meanwhile Netease (NTES) has been one of the leaders in the Internet-Services sector as it has done very well stock price wise over the past year.   As you can see below NTES broke out of a favorable Double Bottom pattern in April of 2003 accompanied by strong volume and gained over 200% from April through July of 2003.

Remember when looking for stocks to invest in focus on those with the following:

1.  Increasing Sales and Earnings Growth
2.  Reside in a strong performing Industry Group
3.  Are exhibiting a favorable chart pattern such as the "Cup and Handle" before breaking out.

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