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AronInvest Stock Porfolio Update: Changyou.com, CYOU

Posted by on in Business Solutions
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On June 25, 2011, AronInvest™ estimated that Changyou.com Limited(NASDAD: CYOU) will have an upward momentum.

Changyou.com limited was considered as one of the 10 best performing US listed Chinese stocks ( See:AronInvest Stocks Selection for the Week of June 27, 2011 ).

The price of CYOU was then at $40.05. As of July 27, 2011 the closing price is $50.72, or an increase of 27%.

The price of CYOU has been increasing in anticipation of string earnings.

Changyou.com, a online game developer and operator company based in China, will present the financial results on Monday August 1, 2011.

The consensus among analysts is EPS and revenues will increase significantly compared to a year ago.

If the results are as expected or better, AronInvest™ expects the price to move upward. However, the general trend appears to have taken into account the positive anticipation.

In the near term, AronInvest™ continues to keep CYOU on the list of stocks to watch for upward movements in price.



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