The stock came public in May and, after a rally to 40 in early August, it's etched a decent-looking launching pad.
I like any growth stock with a good combination of story, numbers and chart, but I was especially interested in this one, because I know World of Warcraft has been a huge earner in China.
As my boss likes to say, “Trends often last longer than anyone expects.” That’s very true. But it’s also true that, once a trend ends, it takes a long time for investors to come to terms with it. That’s true of both major market trends—it takes months for the general public to get bullish or bearish after a big turn, for instance—but it’s also true when it comes to individual stocks.Read More >
Recent weeks have brought an abnormally high number of days when the Dow gained or lost 200 or more points, as the overwhelming majority of stocks joined in the trend of the day. What do I think about this volatility, and what does it mean for the future?Read More >