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PERFECT WORLD CO LTD (PWRD) [hlAlert]

Rating:
Buy PWRD
up 47.46 %

PERFECT WORLD CO LTD (PWRD) rated Buy with price target $25 by Argus

Posted on: Tuesday,  Feb 17, 2009  8:25 AM ET by Argus

Argus rated Buy PERFECT WORLD CO LTD (NASDAQ: PWRD) on 02/17/2009, when the stock price was $13.42. Since
then, PERFECT WORLD CO LTD has gained 47.47% as of 07/28/2016's recent price of $19.79.
If you would have followed this Argus's recommendation on PWRD, you would have gained 47.46% of your investment in 2718 days.

Perfect World Co., Ltd. is a leading online game developer and operator in China. Perfect World primarily develops three-dimensional (`3D`) online games based on the proprietary Angelica 3D game engine and game development platform. The Company's strong technology and creative game design capabilities, combined with extensive local knowledge and experience, enable it to frequently and rapidly introduce popular games designed to cater to changing customer preferences and market trends in China. The Company's current roster of in- house developed 3D massively multiplayer online role playing games (''MMORPGs'') include ''Perfect World,'' ''Legend of Martial Arts,'' ''Perfect World II'' and ''Zhu Xian.'' The Company uses a time-based revenue model for ''Perfect World,'' and an item-based model for `Legend of Martial Arts,'' ''Perfect World II'' and ''Zhu Xian.'' While most revenues are generated in China, the Company's games have been licensed to leading game operators in eleven countries and regions.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/17/2009 8:25 AM Buy
None
13.42 25.00
as of 12/31/2009
1 Week down  -41.85 %
1 Month down  -45.86 %
3 Months down  -50.33 %
1 YTD up  78.01 %

(*) Stock Price at the time of the recommendation.
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