|Bid||170.81 x 800|
|Ask||171.22 x 800|
|Day's Range||169.12 - 172.20|
|52 Week Range||153.78 - 284.22|
|Beta (3Y Monthly)||1.13|
|PE Ratio (TTM)||13.33|
|Earnings Date||Apr 22, 2019 - Apr 26, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||215.66|
BEIJING , April 19, 2019 /PRNewswire/ -- Baidu, Inc. (Nasdaq: BIDU), the leading Chinese language Internet search provider, today announced that it will report its financial results for the first quarter ...
Tech stocks have been on a roll, but that's only the headline news. Don't think that because some of the big names are going gangbusters that the good news translates to all tech firms, even similar firms in the same sectors as the winners.The one thing that happens when earnings slow is investors start looking for strength, companies that can keep their earnings strong even when the economy gets weaker.The seven risky tech stocks to purge below represent the stocks of companies that now find themselves left out of the current tech surge. And if they're struggling now, it's not likely they'll find their footing during more challenging market conditions.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 S&P 500 Stocks to Weather the Earnings Storm They may not implode, but they will find it tough to grow. And when there are plenty of sectors -- and companies -- that will benefit from the slower, steady growth ahead, there's no point in holding these stocks and hoping for upside. Risky Tech Stocks: CoreLogic (CLGX)Source: Shutterstock CoreLogic Inc (NASDAQ:CLGX) is a data firm that specializes in analytics for the real estate business. It has 99.9% of the property records for U.S. housing, covering over 3,100 counties. It is a go-to resource for financial institutions, real estate companies and the like when valuing properties or managing the investment portfolios for companies.The problem is, even with low-interest rates, the housing market isn't taking off. Baby boomers are downsizing as they get older. And the younger generations who should be the next wave of home buying still remember the real estate bust a decade ago and aren't as interested in making a home their core asset.Plus, since many are strapped with student debt, it takes a lot more effort to even afford a home. Many college grads are still paying off student loans into their 30s, a time when most previous generations were buying first homes.That may explain why, even after a year-to-date run of 26% for the stock, CLGX is still off 7% in the past year and analysts are already bearish on its Q1 earnings. International Business Machines Corp (IBM)Source: Shutterstock International Business Machines Corp (NYSE:IBM) remains a force in the big tech world, but it's now less a headliner than it was before the dot-com boom started. Its R&D has always been stellar, but Big Blue is a textbook case of a big corporation that wasn't quick enough on its feet to take advantage of all the innovation it had sitting in its pipeline.Its sheer size has kept it in the game, as well as the quality it produces. But its story is like that of the U.S. auto industry. Hungry competition came in and changed not only the rules but the playing field and getting the biggest tech firm in the world (as it once was) to adapt was almost insulting to leadership.Even after several strategic missteps over the decades, it was even slow to jump into cloud computing. * 7 Stocks to Buy for Spring Season Growth Just this week, IBM stock slid after reporting an earnings miss for Q1. The stock rallied with all the other big tech but again, it's not finding a way to compete against its peers or even smaller niche firms that are eating into its business. Baidu (BIDU)Source: Simone.Brunozzi Via FlickrBaidu Inc ADR (NASDAQ:BIDU) is the second-largest internet search company in the world and the first Chinese stock admitted into the Nasdaq-100.Although, given its size and power in China and other places around the globe, it carries a $59 billion market cap in the U.S., whereas Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) has a market cap of $860 billion. But right now this is a value trap.The Chinese economy has been slow for a while, and one quarter of solid numbers doesn't mean this monster economy is on the mend. And given the fact that these improved numbers also help in trade negotiations with the US, they may not be as improved as we're led to believe.And BIDU is having some issues of its own. Search engine growth is slowing as the business matures and now the company is spending money to keep its growth going. Also, its autonomous vehicle investments are also drawing large sums of cash with little short-term benefit.There's potential here to be sure. But now isn't the time to buy in or hope for a quick turnaround. Blackbaud (BLKB)Source: Shutterstock Blackbaud Inc (NASDAQ:BLKB) is a niche player. It offers cloud-based and software solutions for the global philanthropic community.One of its key challenges now is like many software services companies before it - transitioning its software services to a cloud services model. BLKB is doing that, but it's a challenge when it also likely involves changing the revenue model and non-profits aren't usually known for moving quickly with changes since they have their own budgetary limitations.And while it shifts its delivery and revenue models, it's also having to invest to find more growth. Last year, growth started to slow. And now, many analysts only expect significant growth to return in 2020. * 7 Consumer Stocks to Buy and Hold for Years That may well work out and BLKB may be back on a growth track, but waiting and hoping for that to happen isn't really what investing is about. Also, you have to consider that there are a growing number of alternatives out there as well and once the non-profits are put in a position to re-evaluate their contracts, it may not work in BLKB's favor. DXC Technology Co (DXC)Source: Shutterstock DXC Technology Co (NYSE:DXC) is a technology consulting firm that focuses on global enterprises. Basically, that means it helps multi-national companies build out their tech platforms to better compete and execute.And that is DXC's niche. It works in all manner of industries, from manufacturing to healthcare to financial to aerospace and defense to consumer and retail. One of its recent newsworthy projects was working with BMW to accelerate its autonomous driving efforts.One of its top contracts is working on IT systems for the U.S. Postal Service.The two challenges DXC faces are:1) It's only 2 years old.2) It is looking for contracts in a global slowdown -- Europe is weak, Asia is stabilizing and the U.S. is slowing down.Because of its youth, there's no track record on how well it will deal with these challenges. And as far as its USPS contract goes, that could be challenged from the business or the government appropriations side.There's too much risk right now, too many potential competitors and too much ground to make up. LogMeIn (LOGM)Source: Shutterstock LogMeIn Inc (NASDAQ:LOGM) specializes in remote access and collaboration tools for businesses of all sizes. It supports more than 2 million users per day on its platforms and 5 billion voice minutes per year.One of its most popular platforms is GoToMeeting. It also has a number of other 'GoTo' platforms as well as OpenVoice, Jive and Grasshopper. It also has a set of engagement and support tools as well as identity and access tools to round out its complete set of collaboration platforms.Its tools target the small and medium-sized business sectors, which is a target rich environment for these tools. However, there is plenty of competition in the space. And the challenge with remote access is that workers' connectivity isn't always ideal and maintaining good connections can be a frustrating challenge. That means companies shop vendors. * 5 Semiconductor Stocks to Buy for a Spring Charge LOGM is having troubles with its growth and its competition. Q4 came in weak and then the company guided lower for Q1. And now, competitor Zoom is headed for an IPO with stellar growth numbers. All bad timing for LOGM. FireEye (FEYE)Source: David via Flickr (Modified)FireEye Inc (NASDAQ:FEYE) is a cybersecurity company. Now, this is one of those bulletproof megatrend sectors. But FEYE is a perfect example of how a rising tide doesn't raise all boats.FEYE stock hit its record high more than 5 years ago. It was trading over 80. Now the stock is around 16. And it has been trading in the teens for the past 3 years.Now, there's no doubt that the company has some great technology. But this goes to show that running a tech company isn't all about having great technology. You have to know how to run the business, too.For most of the stocks in this article, Q1 has been very good to them, even those that are underwater for the year got a need boost in Q1.Not FEYE. It had a disappointing Q4 and then guided lower for Q1.There are some bulls out there that say the company is transitioning out of hardware and focusing on its software platforms, which can boost its paltry margins. And that may be so. But do you want to wait for that to possibly happen or put your money somewhere that is already doing just that?Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post 7 Tech Stocks With Too Much Risk, Not Enough Upside appeared first on InvestorPlace.
As China's affluent middle class continues to grow, so has their desire to invest more of their money in stock markets, including a strong interest in the market for U.S. equities.
Ford showcases four vehicles equipped with SYNC+ in-vehicle infotainment system, co-developed with BaiduDuerOS for Apollo is installed on one of China’s best-selling SUVs.
Yandex Q1 Preview: Advertising, Cloud, Hardware, and Uber IPO(Continued from Prior Part)Yandex teams up with Hyundai on self-driving vehicles Yandex (YNDX) is among those technology giants that are putting their resources into developing vehicles
Yandex Q1 Preview: Advertising, Cloud, Hardware, and Uber IPO(Continued from Prior Part)Advertising revenue rose 18% Advertising is Yandex’s (YNDX) most important business, as it contributes the vast majority of the company’s revenue. Yandex’s
In an exclusive interview with Yahoo Finance, iQiyi CEO explains why they're different from Netflix, and how Chinese companies differentiate themselves from their U.S. counterparts.
Where China's Economy Is Heading(Continued from Prior Part)China Last year, China’s slowdown was seen as the biggest risk for global markets. The country’s economic slowdown was amplified by its trade dispute with the United States (SPY).
Yandex Q1 Preview: Advertising, Cloud, Hardware, and Uber IPOYandex expected to report 28% revenue growth Yandex (YNDX) is scheduled to report its results for the first quarter of 2019 on April 25. In the first quarter of 2018, Yandex’s revenue
Google parent Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) is one of the largest, most widely followed companies in the market. Alphabet stock investors have enjoyed its strong move up so far in 2019. But will this all change after GOOGL reports earnings? The company is expected to report on April 29, after the market close.Source: Shutterstock Now that the earnings season is here, let's look at what may be next for GOOGL stock, which has been a darling of Wall Street since its IPO in 2004. Strong Revenue GrowthGoogle's dominant core business is "search," where it has 90% market share globally. In recent years, it has also been incubating other "moonshot" ventures, such as Weymo, the self-driving car business or CapitalG, the late-stage venture capital arm, that could eventually become the next Google.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhen GOOGL reports earnings, investors will look at its revenue in three segments: * Advertising (which mostly consists of its search and YouTube ecosystem and contributes over 80% of revenues) * Google "Other" (which mostly consists of its Cloud Platform (GCP) and app sales and contributes about 15% of revenues) * Other Bets (which consists of ventures such as Weymo and contributes about 5% of revenues)In 2018, the company made $137 billion in revenue. The tech giant is estimated to have a 37% digital advertising market share in the U.S. Its closest competitor Facebook (NASDAQ:FB) has about 20% of the market. * 10 Stocks That Are Screaming Buys Right Now Going forward, although Google's digital advertising revenues are likely to continue to be the main revenue driver, its cloud business is the growth area to watch for. The cloud computing market is estimated to surpass $600 billion by 2023. Behind Amazon (NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT), Google is estimated to be the third-largest cloud computing provider. Finally, for most long-term investors, the "Other Bets" category would be like a lottery ticket windfall.Another long-term play for Alphabet stock is likely to be Stadia, GOOGL's recently announced cloud gaming service. The company has not yet provided details about the business model. However, the tech giant is expected to get a share of the $180 billion industry.In short, Google dominates the search market, excluding China where domestic rival Baidu (NASDAQ:BIDU) dominates the scene. Alphabet is also expected to continue its dominance in the digital advertising market, and over the next five years, have an annual average earnings growth of almost 18%.Finally, investors have always been ready to give a premium to GOOGL stock due to its free cash flow (FCF), which measures a company's ability to produce cash. Google ended 2018 with a free cash flow of over $21 billion. Investors care a lot about FCF as it can be used in a discretionary manner, for example, to invest in growth opportunities and to strengthen GOOGL's balance sheet. What Could Derail Alphabet Stock?On Feb. 4, when Google came out with Q4 2018 earnings, it raised a few eyebrows as the company revealed declining advertising prices and rising costs. Investors are especially concerned that the group's core advertising business is likely to be at a plateau. They are now watching Amazon's increased presence in the market closely.In 2018, Google's ad business grew 20% and was outpaced by both Facebook at 30% and Amazon at 95%. In other words, GOOGL is likely to face more competition in the future from Amazon, Facebook, Baidu and several other competitors. But it would be premature to assume that the tech giant is slowing down in a manner that should alarm long-term investors.The group also reported an operating margin of 21% for Q4 2018, lower than the 22% expected by analysts. Following the earnings report, the stock initially sold off, but only to recover in the following weeks. In other words, if Google investors do not like the earnings result of April 29, there might be a similar price pressure and reaction to the downside.Because of the recent impressive run-up in the price of Alphabet stock, short-term technical indicators have become somewhat over-extended. Investors who pay attention to short-term oscillators should note that Google's technical message has also become "overbought."In the next two weeks, GOOGL stock could trade sideways and even have a pullback toward the $1,180 level or even the $1,170 level, where the stock is likely to find major support.Google stock's beta is 1.06, which means its volatility on average mimics that of the broader market. Therefore, if other big tech names or the broader market declines as the companies release earnings, the GOOGL stock price may also be adversely affected. * 7 Dental Stocks to Buy That Will Make You Smile I would not advocate bottom-picking in case of near-term price weakness, especially after the earnings release. Yet, I find GOOGL stock to be a compelling buy candidate and by the end of 2020, I'd expect the shares to reach $1,350. The Bottom Line on GOOGL StockAlphabet's first-quarter earnings release will give Wall Street a chance to analyze the company's latest results and assess whether the stock's recent run-up in price can continue the rest of the year.Investors who are interested in the GOOGL stock but do not want to commit all their capital to a single stock may also consider investing in various exchange-traded funds (ETFs) that have Google as a holding. Examples of such funds include the iShares U.S. Technology ETF (NYSEARCA:IYW), the Technology Select Sector SPDR (NYSEARCA:XLK) or the AdvisorShares New Tech and Media ETF (NYSEARCA:FNG).As of this writing, Tezcan Gecgil did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back Compare Brokers The post Alphabet Stock Is Still a Buy On Every Dip appeared first on InvestorPlace.
Here Are NVIDIA's Key Growth Catalysts(Continued from Prior Part)NVIDIA’s ecosystem NVIDIA (NVDA) has grown exponentially in the last three years. Its profit rose faster than revenue as the company leveraged a single GPU (graphics processing unit)
China No Longer Seems to Be Biggest Concern for Global Economy(Continued from Prior Part)China’s March trade dataLast week, China released its trade data for March. The country’s exports in US dollar terms rose 14.2%, while its imports fell 7.6%
China No Longer Seems to Be Biggest Concern for Global EconomyChinaLast year, China’s slowdown was cited as the biggest risk for global markets. The concerns were not unfounded. The Chinese economy grew at its slowest pace in decades last year.
Are These Tech Stocks Attractive after Nearing 52-Week Lows?(Continued from Prior Part)BIDU is trading 39% below its 52-week high Shares of Chinese (FXI) Internet search company Baidu (BIDU) have fallen 25% in the last 12 months. The last year has
In the war of bulls versus bears, it's still a market made up of stocks. And that eternal truth is as true for stateside equities as it is for large-cap tech Chinese stocks. Let me explain.I'm referring to Wall Street lore that a rising market lifts all stocks. It's a nice, simple idea, but it typically doesn't match the reality of investing. The problem is it's just not that easy, regardless if your focus is on Chinese stocks or elsewhere. * 5 Semiconductor Stocks to Buy ... If You Have a Strong Stomach But right now that focus is on Chinese stocks, Alibaba Group (NYSE:BABA), Baidu (NASDAQ:BIDU) and Autohome (NYSE:ATHM) as two well-positioned longs and one equally solid short.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Chinese Stock Long 1: BABA Stock Click to EnlargeIt's been a solid 2019 for BABA stock with shares adding about 38% since the start of the year. Still, relative to Invesco China Technology ETF (NYSEARCA:CQQQ) and iShares China Large-Cap ETF (NYSEARCA:FXI) with gains of 31% and 42%, BABA stock's performance is less impressive.But there's reason to believe the friendly trend in this Chinese stock is not only far from over, but is also setting up for a period of out-performance on the price chart backed by solid fundamentals, market position and enviable growth.Shares of this Chinese stock just triggered a heavier and above-average volume breakout from a well constructed and supported handle pattern this past week. With the handle situated in the upper-third of the right side of BABA stock's "W" or cup-shaped base, the next logical move in Alibaba shares is a test of its all-time-high of $211.70 immediately preceding last year's correction.The recommendation is to buy BABA stock today with shares of less than 0.50% above the breakout pattern resistance. Regarding money management, a stop-loss of 5% looks good as it allows investors to minimize exposure while technically giving the handle breakout enough, but not too much room before calling it a day. Chinese Stock Long 2: ATHM Stock Click to EnlargeUnlike Alibaba, which many see as China's Amazon.com (NASDAQ:AMZN), Autohome is a much less well-known Chinese stock. But with the lion share of this market, top-notch growth and similar, but even stronger technical performance and pattern on the price chart; ATHM stock is our second buy recommendation.On the ATHM stock daily chart we can see shares have been demonstrating relative strength by trading even higher within the right side of the corrective base and in a very similar cup-shaped base. And on a percentage performance basis, this Chinese stock is up by a market-leading 75% since bottoming in November.Unlike BABA stock, what hasn't happened just yet is a handle breakout. There was a very powerful slightly 'low' handle which preceded a large volume upside reaction back in late March. But that entry is roughly 12% beneath current levels and whose risk is more than I'd prefer to rely on.My recommendation for this Chinese stock is to buy shares using this past week's pullback. ATHM stock is currently beneath Thursday's high of $108.10. That level was breached Friday and acts as a price confirmation the small counter-trend is finished. However, with shares falling slightly below this trigger, I'd use Friday's high of $108.85 as an entry to reaffirm its 'game time' for bulls once more. * 7 Mid-Cap Stocks to Find the Market's Sweet Spot For money management in ATHM stock, giving shares a $5.00 stop-loss and exiting below $103.85 minimizes risk to less than 5% and folding the position once the integrity of the pullback is disqualified technically. Chinese Stock Short: BIDU Stock Click to EnlargeBaidu is China's unofficial answer to Alphabet (NASDSAQ:GOOGL). And as a hedge for our other long Chinese stocks, BIDU stock remains a technical dog within the group and one worthy of shorting in the coming days.Off the chart and inspecting the fundamentals, there's a lot to like about Baidu. I get it and in the past even maintained a long, hedged position reflecting that belief. But the price chart shows there are more risks than meets the eye.On the weekly chart of BIDU stock it's quite obvious this sprawling tech giant has been a disappointment for investors for quite some time now. Shares followed the markets lower in 2018, but this Chinese stock's outsized losses have been largely kept intact despite 2019's mostly broad-based rally.Maybe worse for bulls, the relative weakness doesn't appear to be finished in BIDU stock either -- and looks ripe for entering into a profitable short position. A bearish-looking flag pattern backed by layers of technical resistance continues to point at lower prices in this Chinese stock.My suggestion is to wait for an entry below the low of the two-week candlestick reversal pattern that's formed within the bear flag. A short beneath $166.92 confirms that weakness, as well as lines itself up nicely with a break of angular flag support.On the downside, a first target for taking profits would be near $133 where angular trendline support exists. And if conditions prove less promising after a short is triggered, I'd recommend initially using a move above $181.55.This exit for buying back the BIDU stock short is the closing and opening price of the weekly chart, two candle reversal pattern. And with the stop also keeping position risk to less than 9%, it's sufficient evidence on more than one level to pull the plug on this short.Disclosure: Investment accounts under Christopher Tyler's management do not currently own positions in any securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional market insights and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back Compare Brokers The post 3 Chinese Stocks to Win the Trade War appeared first on InvestorPlace.
China is already the second largest economy in the world and some believe it will eventually be the biggest one day. Given how large China's market is, President Trump has pushed for fairer trade standards and for the government there to open more markets. One potential concession made by the Chinese government is potentially the cloud. According […]
SoftBank Group Corp leader Masayoshi Son has much bigger ambitions for transportation than simply seeing his investment in Uber Technologies Inc turn into more than $13 billion when the company goes public next month. The extent of those investments, based on a Reuters analysis of publicly available data and interviews with a dozen sources familiar with SoftBank's investment strategy, has not previously been reported. Key partners in Son's quest are Uber, the U.S. ride services leader, and Japan's Toyota Motor Corp.
The Latest News from Apple: Music, China, India, and Healthcare(Continued from Prior Part)Apple’s iPhone revenue declined 15%This month China started rolling out its tax cuts, which are aimed at stimulating growth in an economy that has been
How Social Media Companies Are Vying to Woo Advertisers(Continued from Prior Part)People in the Middle East go to Twitter for online videos Twitter (TWTR) recently inked more than a dozen video programming agreements with several leading media
How Social Media Companies Are Vying to Woo Advertisers(Continued from Prior Part)Twitter limits how many accounts users can followTwitter (TWTR) is leaving no stone unturned to try to make its platform cool amid heated competition for digital
The Latest Developments at Google, Baidu, and Yandex(Continued from Prior Part)Russia forms $1.0 billion joint fund with TurkeyYandex (YNDX) and Russia’s sovereign wealth fund, the RDIF (Russian Direct Investment Fund), are discussing potential