On Friday (November 27), the three major US stock indexes all closed higher, with the S & P 500 and Nasdaq both reaching record highs. The number of innovative high stocks in the semiconductor, software and information technology sectors crushed other sectors, while the biotechnology and medical pharmaceutical sectors were also strong, while the financial, capital and retail sectors were relatively active.
Gravity:"Walt Disney Company" of the Korean game world
Online games and software companies$Gravity Co. (GRVY.US) $Shares rose 10.14% to close at $162.46 on Friday. On Friday, the trading volume of the stock was nearly 200% of that in the past 100 days. After the close, GravityWith a market capitalization of $1.1 billion, the company is growing at an annual rate of more than 334%.
On November 13th, Gravity released a strong third-quarter results. Earnings per share in the third quarter were $3.10, up 187.04% from $1.08 a share in the same period last year, and sales were $113.03 million, up 74.27% from $64.86 million in the same period last year.
Photo source: gravity.co.
At present, the number of analysts covering Gravity is almost zero, and a recent post on Seeking Alpha believes that the success of "Next" (and future game development) has not yet been reflected in the company's finance, and Gravity revenue is likely to increase fivefold in the next two years, while future game product lines may bring upside space to these numbers.
We believe that the pricing error is the result of the challenge posed by the listing of Korean language companies in the United States with zero analyst coverage. For these reasons, Gravity's stock does not reflect a significant improvement in the company's fundamentals over the past five to six months. So far, only one mobile game, Eternal Love, has brought most of the revenue to Gravity. However, this year (the third quarter of 20 years and the fourth quarter of 20 years), the company is in "Ragnarok Online"(Origin") and "Legend of Wonderland X: the next GenerationThere have been two major successes. As the company expands its geographical coverage of Origin and Next, revenue is likely to increase fivefold over the next two years.
Source of picture:Gravity.co.
Gravity Co. Ltd. The company was founded on April 4, 2000 and is headquartered in Seoul, South Korea. The company is engaged in the development and release of online games, software and other related services. Develop and distribute online games in Korea, Japan, the United States, Canada, the Philippines, Thailand, Indonesia and around the world, and sell dolls, stationery, food and other role-based goods, monthly magazines and other publications.
In addition, Gravity provides system development and maintenance services as well as system integration services for third parties. As of December 31, 2019, it had 125 registered domain names.
Gravity's online game development business focuses on developing and serving competitive games with various genres and unique features. Its most famous IP is Ragnarok Online II (Legend of Wonderland).The IP has a history of 20 years, Requiem online and Pucca Racing.
Legends of Wonderland is one of the most successful games launched in South Korea and throughout Southeast Asia. Launched in 2002, it still has a unique position as a player and continues to attract new players. Over the past 20 years, the series has built up a loyal customer base and has been able to bring PC fans to mobile devices with the launch of mobile games (mobile games accounted for 70 per cent of revenue as of last quarter).
Go Ragnarok
Source of picture:Gravity.co.
Gravity, all the games are in the same place.RagnarokLaunched in the universe, so all its innovative games already have a group of fans waiting for support. In addition, Gravity cooperates with Byte Jump and Tencent.
November sixteenthIBD (investor's business daily) will$Gravity Co. (GRVY.US) $The SmartSelect composite score increased from 92 to 96; earnings per share score was 97, which means that its recent and long-term annual earnings growth rate exceeded 97%.
Other stocks worthy of attention
The market of biotechnology and medical pharmaceuticals continues.$Trillium Therapeutics (TRIL.US) $Up 13%, with an annual increase of 1809.71%.$Arcturus Therapeutics Ltd. (ARCT.US) $It rose 25.35%, with an annual increase of 599%.
$Moderna Inc (MRNA.US) $It rose 16% on Friday and 30% a week, an annual increase of 549%.
$COMPASS Pathways plc (CMPS.US) $Up 16%, up 40% a week.
Semiconductor, software and information technology sector, semiconductor development company $Himax Technologies Inc (HIMX.US) $rose 19.55%, week up 33.9%, year-on-year increase 159.77%.
$Kingsoft Cloud Holdings (KC.US) $Up 13.06%, with an annual increase of 74.33%. On November 30th, Kingsoft Cloud Holdings announced that he would be included in the MSCI China Index (MSCI China Index), and the share price continued to rise before trading.
Low code application development co.$Appian (APPN.US) $Up 10.85%, up 55.02% this week. With an annual increase of 407.38%, Josh Brown (Josh Brown) previously said on CNBC that "low-code applications (such as those developed by Appian)）It is a new and unworldly trend. "
Online shopping platform $ETSY INC (ETSY.US) $, driven by Black Friday, made the bull stock list. Etsy rose 10.66% on Friday, an annual increase of 262.42%.
The shopping season coincides with a surge in the number of new confirmed cases in the US, with a Deloitte survey showing that for the first time in history, more US consumers are shopping online rather than going to stores.
Friday's closing price of innovative high-tech stocks:
、
The above are innovative high-tech stocks that closed in the 52-week range, excluding stocks with a total market capitalization of less than $1 billion and a turnover of less than 10 million.
Edit / irisz