It turns out that Shanda Interactive
Though there was sequential strength at Shanda, it wsn't enough to herald a turnaround cry. It should, however, silence cynics who figured that the company's recent move -- to make some of its older games free of charge and make that up in ad revenues -- would lead it on a downward spiral. The company generated $6.2 million in profits from government incentives and favorable currency translation, but even without that Shanda would have smacked bottom-line targets pretty good. Still, Shanda continues to yield market share to growing rivals like NetEase
Shanda has turned to the West for lifelines. It is working on Disney
Shanda -- like NetEase -- is a Rule Breakers recommendation. Want to learn more about NetEase, Shanda, and the other promising growth stocks that the newsletter has been recommending? Go for a free trial subscription to explore the newsletter service for the next 30 days.
Disney is a Motley Fool Stock Advisor pick.
Longtime Fool contributor Rick Munarriz believes in the sector but he does not own any of the companies mentioned in this story. He is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early. The Fool has a disclosure policy.