You can't keep a good stock down.

< ?DART(15);?> Perfect World Co., Ltd. (PWRD) has been featured as a Zacks #1 Rank Top Performer in May, July, August, September, and now on Oct 19. Shares of this Chinese online game company are up approximately 6.2% Monday.

Volume is at 766,000 shares, which is well below the daily average of more than 1.6 million. Meanwhile, earnings estimates remain above levels from 2 months ago.

PWRD is the only company from the Internet Content industry on the Zacks #1 Rank List, which includes 215 stocks today.

Earnings Estimates

The Zacks Consensus Estimate for this year is currently at $2.86 per share. There's been a slight gain of 2 cents, or less than 1%, over the past month. However, the outlook is still 2.5% better than 2 months ago.

For next year, the Zacks

...

Perfect World Co., Ltd. (PWRD) is being featured as a top-performing Zacks #1 Rank company for the fourth time in the last 5 months. Shares have gained by more than 9% today.

< ?DART(15);?> The Chinese online game company continues to release innovative content, which has helped it gain a string of better-than-expected quarterly EPS results.

In fact, PWRD has amassed an average surprise of more than 31% over the past 4 quarters.

Meanwhile, earnings estimates continued to trend higher. Volume today is at 2 million shares, which is well above the daily average of around 1.05 million.

PWRD is the only company from the Internet Content industry on today's Zacks #1 Rank List, which includes 220 stocks.

Second Quarter

PWRD was able to surpass its already raised guidance when it reported second-quarter results on Aug 10. The company attributed its strong

...

Giant Interactive Group Inc. (GA) is seeing upbeat earnings forecasts ahead of reporting tomorrow. The company has done well in the past, exceeding analysts' estimates by an average of 10% over the past 4 straight quarters.

< ?DART(15);?> Company Description

Giant Interactive Group, a Chinese online gaming company, boasts some of the widest revenue streams in the industry. The industry has been hot lately and GA's share price was no exception, outpacing the market as it surged nearly 20% over the past 3 months.

Focusing on multiplayer online role playing. Giant's first game, ZT Online, was voted the most popular online game in China in 2006 according to the International Data Corporation. The Company's second game, Giant Online, entered into open beta testing on March 28, 2008. Giant has three additional online games that it intends to launch, including King of Kings III, Empire of Sports and ZT Online II.

...

Giant Interactive Group Inc. (GA) recently posted stellar results for the fourth quarter. Earnings per share of 18 cents, soared past analysts' estimates by 64%. Net revenue jumped 33% on a year-over-year basis.

< ?DART(15);?> Company Description

Giant Interactive Group, a Chinese online gaming company, boasts some of the widest revenue streams in the industry. The industry has been hot lately and GA's share price was no exception, outpacing the market as it surged nearly 20% over the past 3 months.

Focusing on multiplayer online role playing. Giant's first game, ZT Online, was voted the most popular online game in China in 2006 according to the International Data Corporation. The Company's second game, Giant Online, entered into open beta testing on March 28, 2008. Giant has three additional online games that it intends to launch, including King of Kings III, Empire of Sports and ZT Online II.

Giant built a nationwide

...

Giant Interactive Group Inc. (...

World Series of Golf (WSGF) conducts golf tournaments for celebrities and popular athletes under a patent-pending scoring formula that is akin to the wildly popular Texas hold ‘em poker tournaments seen on television. In addition, the company publishes GolfWorld, a weekly subscriber based publication, and Vegas Golfer magazine, which provides a special annual issue covering the World Series of Golf. The company also sells various World Series of Golf logo and branded merchandise through its online store.

World Series of Golf’s tournaments feature many of the same principles as televised poker events. Each year, CBS airs a World Series of Golf tournament for amateurs only featuring a $10,000 “buy in” and wagering on every shot by the various participants. Players are divided into groups of four for each tournament and can bet or decline a bet on each shot, much the same way poker players can bet on each hand

...

With the Beijing Olympics now over, we wanted to get caught up with how the Chinese stock markets have been performing, especially in light of a slowdown in the U.S. market. Zacks senior analyst Paul Cheung, CFA was on hand with his thoughts.

Were there many surprises in quarterly earnings for Chinese companies under coverage?

By far most Chinese companies in my coverage performed as expected. Some Internet companies even announced results which exceeded the market consensus.

The slowing economy in the U.S. and now elsewhere has created a drag on many industries. Is China feeling the impact of this?

The slowing economy in the U.S. has resulted in a slowdown of the Chinese economy. In addition to the slowdown of the Chinese economy, high inflation rates have led to high pressure on earnings of Chinese companies. Among those, Internet companies should be in better position than other Chinese companies to

...

With the Beijing Olympics now more than half-way over, we wanted to get caught up with how the Chinese stock markets have been performing, especially in light of a slowdown in the U.S. market. Zacks senior analyst Paul Cheung, CFA was on hand with his thoughts.

Were there many surprises in quarterly earnings for Chinese companies under coverage?

By far most Chinese companies in my coverage performed as expected. Some Internet companies even announced results which exceeded the market consensus.

The slowing economy in the U.S. and now elsewhere has created a drag on many industries. Is China feeling the impact of this?

The slowing economy in the U.S. has resulted in a slowdown of the Chinese economy. In addition to the slowdown of the Chinese economy, high inflation rates have led to high pressure on earnings of Chinese companies. Among those, Internet companies should be in better position than other

…

Joytoto USA Inc. (JYTO.OB) has announced that it plans to distribute the popular Korean online game, “Gersang”, on its U.S. site. The game will be marketed as “The Great Merchant” on the U.S. website. Work continues on the English translation, which should be completed and available for closed beta service during the fourth quarter of 2008.

Joytoto selected “The Great Merchant” for U.S. release due to its popularity in the Korean online gaming market. This game is one of the most successful Massively Multi-Player Online Role Playing Games (MMORPG) that Joytoto has released to the Korean market. Daum, which is South Korea’s second-largest web portal and search engine, rated the Korean release of the game as the fourth most popular online game played in Korea. The game has also received a variety of awards, including the Korean Entertainment Grand Prize.

Online gaming is one of Joytoto’s business segments. Joytoto

...

This week, Joytoto USA, Inc. announced the launch of its first online game to be available for download in the US, “Pang Pang Terrible”. It is one of the first online, first-person shooter games to allow character customization, and has a ‘cartoon’ feel to appeal to younger players.

Joytoto has had several successful game launches in Korea, and will now attempt to capture the attention of American gamers. This is part of the company’s ongoing expansion strategy, which has been progressing rapidly in 2008. The game will be available through Joytoto’s distribution portal, playolive.com.

Regarding the release of the new title, CEO Michael Cho states: “We are very excited about our first downloadable online game release, as it demonstrates our commitment to the US online gaming market and the growing demand of the US consumer. The company continues to commit a substantial amount of time and resources

...