NCSoft Rockets Stellar Growth

I told you once and I am telling you again - NCSoft is the kind of company that I would associate my retirement savings. They are now operating on all the major markets for online games and their products, while not especially innovative, are well presented and affordable. This is a great combination to gush cash.

They just informed about their financial results for the past year. They have excellent results show off. Revenue was up about 50% from earlier year and profits doubled. Now, this is during times when they have made few large investments. This year the European expansion will gain momentum and next year the results could be seen in the financial results. Take notice that the broadband usage in Europe has risen rapidly and homes have more computers. Furthermore, the market is nowhere near as fiercely competed as markets in the US and Asia. Very promising outlook for NCSoft.