In It For The Long Haul? Long Term Growth Pick: NetEase, Inc. (NASDAQ:NTES)

Shaers of NetEase, Inc. (NASDAQ:NTES) have been recommended as a long term growth pick.  With the firm’s stock price currently trading around $269.33, the firm has proven a solid track record of growth over the recent years.  Investors might consider the stock as a long term growth candidate as the firm has yielded 28.90% earnings per share growth over the past 5 years and 39.30% revenue growth over that same time frame. 

Long-term growth (LTG) is an investing strategy where a stock will (hopefully) grow in value for a relatively long period of time.  Long-term growth should be considered to be a relative term, due to different styles and goals of investors, but the endgame is the same. 

Recent Performance

Let’s take a look at how the stock has been performing recently.  Over the past twelve months, NetEase, Inc. (NASDAQ:NTES)’s stock was 25.07%.  Over the last week of the month, it was -1.04%, -14.35% over the last quarter, and  0.50% for the past six months. 

Over the past 50 days, NetEase, Inc.’s stock is -14.98% off of the high and 6.37% removed from the low.  Their 52-Week High and Low are as follows: -20.21% (High), 27.58%, (Low). 

Analyst Recommendation

Despite the past success, investors want to know where the stock is headed from here.  Analysts covering the shares have a consensus short-term price target of $321.25 on the equity.   Analysts have a consensus recommendation of 2.20 based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.  

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