NetEase: The Post-Q2 Sell-Off Is A Buying Opportunity
NTES(NTES) Seeking Alpha·2024-08-24 10:04
o u T a " L C 10% L 21 l e F 0 # on 1 04 0 E 5 I 0 n t r t t 1 0 一生 t a a cle I 0 T 0 le H 0 1 I l l n 1 I n 0 0 E 1 E 0 1 l 0 日 0 e D 1 BirgitKorber I last covered NetEase (NASDAQ:NTES) in July; I put out a Buy rating at the time, and since then, the stock has lost 12% in price, particularly following its Q2 results, released on August 22nd. The results showed top-line strength but bottom-line weakness, which, while immediately concerning and caused a stock sell-off, is not likely to last into FY25 and bey ...