|Bid||167.40 x 900|
|Ask||167.55 x 800|
|Day's Range||164.00 - 174.17|
|52 Week Range||153.78 - 284.22|
|Beta (3Y Monthly)||1.20|
|PE Ratio (TTM)||13.03|
|Earnings Date||Feb 11, 2019 - Feb 15, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||229.38|
Leo Sun of The Motley Fool says he likes Baidu as a "conservative play," but prefers Tencent over the Chinese search giant in the long-term.
Is NIO Stock Readying for a Rally ahead of Its Q4 Results?(Continued from Prior Part)NIO’s earningsWhile NIO (NIO) stock was trading with a 3.0% month-to-date fall as of February 21, it was still up 19.9% YTD (year-to-date). Most other Chinese
Is NIO Stock Readying for a Rally ahead of Its Q4 Results?NIO’s fourth-quarter resultsPopular Chinese electric carmaker NIO (NIO) is set to release its fourth-quarter earnings results on March 5, 2019. The stock’s journey on the NYSE has been a
Will Trump Seal a US-China Trade Deal Next Month?The US marketThis afternooon, the NASDAQ Composite Index (QQQ) and Dow Jones Industrial Average (DIA) appear to be on their way to ending their ninth consecutive week in positive territory. At 2:32 PM
Warren Buffett's Troubles with Apple, Kraft Heinz, and Coca-ColaWarren BuffettMulti-billionaire investor Warren Buffett’s stock picks might not be working out so well for him and his investment firm, Berkshire Hathaway (BRK-B), these days.
Could Trump’s '6G' Innovation Save US Tech Companies?Donald Trump’s tweetsDonald Trump’s battle with the US media is ongoing, with much of it comprising insults being lobbed back and forth—earlier today, Trump tweeted a meme on CNN’s
Could Trump’s ‘China Trade Deal’ Make These Stock Rally?US stock marketThe broader market is trading on a mixed note for a fourth consecutive day today. Yesterday, the S&P 500 fell 0.4% after the release of weaker-than-expected durable
Is Apple Already Too Late to the Foldable Phone Party?(Continued from Prior Part)AppleIn the first part of this series, we looked at Goldman Sachs analyst Rod Hall’s views about the new Samsung (SSNLF) Galaxy Fold and how it could pose a risk to
Tesla Stock Rises, Elon Musk’s Big China Push Raises HopesTesla On February 22, Tesla (TSLA) stock is recovering after falling 3.7% the previous day. At 8:36 AM EST, the stock was trading with 1.1% gains in the pre-market session. We’ll discuss
Is Apple Already Too Late to the Foldable Phone Party?(Continued from Prior Part)Apple versus SamsungAs we discussed in the previous part of this series, in an event on February 20, South Korean tech giant Samsung Electronics (SSNLF) unveiled a
The new norm on Wall Street is to only care about the guidance when evaluating earnings reports. Last night, Baidu (NASDAQ:BIDU) reported theirs and luckily they guided higher than expectations for the coming quarter. So BIDU stock rallied as much as $8 per share in after hours.Source: Simone.Brunozzi Via FlickrThis morning, the momentum is still positive albeit less than last night, but it does so around important levels. More on this later. But first, it is important to examine the fundamentals.I will state the bottom line first: BIDU delivered a strong quarter. Management beat current expectations and raised beyond their prior guidance. I believe them so I am long BIDU stock.InvestorPlace - Stock Market News, Stock Advice & Trading TipsEven after a strong start to 2019, Baidu stock was still 40% below its all-time highs coming into the earnings event. This is mostly due to a hideous sentiment on Wall Street in the second half of last year. So it's not the fault of this stock in particular as investors were selling the good and the bad alike.Two positives emerged from this correction in the stock. First, the Christmas dip solidified the $155 per share zone as solid multi-year support. It has been pivotal for eight years. Those with conviction can stay long the stock even if it gets retested this quarter. * 10 Monthly Dividend Stocks to Buy to Pay the Bills Second, unwarranted corrections like this one create value. This brings out new buyers who missed the rallies the first time around. When Baidu stock, which is a growth stock, falls to trade at a price-to-earnings ratio of 13.4 for the trailing 12 months, I can hold it for the long term. This is a proven management team and they will navigate the short-term challenges without sustained damages.Timing the very best tick to enter is not the strategy for mid- or long-term investors. So I can safely assume that I won't catch the ideal time to buy it. Luckily, I am already long the stock with a small call options position, so I already have my starter position. Options deliver a bigger bang for the buck, but they are a time constraint. How to Approach BIDU Stock TodayWould I buy Baidu stock outright here? Yes. But since we are still facing so many political uncertainties, especially on the tariff front, I would recommend doing it in pieces. Don't take a full bite at once.My forte is trading options, so when I am interested in buying a stock but leery of another dip, I usually sell puts lower. Doing that, I would collect a premium today so I am getting paid to be long BIDU stock. But if BIDU falls below my level, then I have to own the shares and keep the premium. In that case, I would have accomplished my goal of owning the shares only lower and the premium as a bonus or hedge. * 7 Restaurant Stocks to Watch in 2019 For those faster traders who want shorter-term details on levels there are a few interesting ones for Baidu stock here.Depending where it closes today, there is a neckline that if the bulls are able to break through would invite momentum buyers. The target of that would be near $200 per share but there are resistance areas between now and then.On Dec. 3, the equity markets failed miserably and BIDU traders emphatically rejected the $195 per share like it was the plague. I expect that the bears will put up a good fight there on the way back up. But first, I also expect some resistance at $185 per share. So active traders should manage their exit points accordingly. Otherwise, I am long BIDU through mid-year or until it meets my upside targets.Conversely, and based on individual risk appetite, I'd consider stop-out levels below $169, $166.70 or $162.80 per share. This would only affect any upside call options I may own but not the sold puts or the outright shares.The bottom line is that Baidu stock is a strong performer and deserves to be higher than current levels. If the equity markets survive the tariff mess, then BIDU should be much higher in six months.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. You can follow him as @racernic on Twitter and Stocktwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 6 Hot Stocks For Goldman Sachs' New Investing Strategy * 10 Smart Money Stocks to Buy Now * The 10 Best Cheap Stocks to Buy Right Now Compare Brokers The post This Is Why the Comeback in Baidu Stock Is Just Getting Started appeared first on InvestorPlace.
U.S. stock futures are roaring back this morning proving once again that there is an undying bid beneath the market. Yesterday marked the first down day in nine trading sessions for the Russell 2000 Index. But it was barely a flesh wound. Stocks rallied into the close, paring the losses considerably and with the overnight rally we've all but recouped the lost ground.Heading into the open, futures on the Dow Jones Industrial Average are up 0.38% and S&P 500 futures are higher by 0.3%. Nasdaq-100 futures have added 0.35%.Yesterday's pullback did scare the children enough to drum up put demand. Though call volume still won the day, the margin of victory was slimmer than usual. Specifically, about 15.2 million calls and 14.6 million puts changed hands on the session.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe put surge finally breathed new life into the single-session equity put/call volume ratio. It spiked to 0.66, which is a new two-week high. Meanwhile, the 10-day moving average remained pinned once again at 0.60.Options traders focused, yet again, on earnings announcements. Baidu (NASDAQ:BIDU) and Roku (NASDAQ:ROKU) both reported numbers that surpassed the Street's expectations. Meanwhile, Microsoft (NASDAQ:MSFT) exhibited relative strength and scored a breakout on the day.Let's take a closer look: Baidu (BIDU)Though earnings season is winding down there are still a few stragglers releasing their quarterly reports. Last night Baidu revealed its fourth-quarter performance and investors seem to be pleased with the results. The Chinese internet company known for dominating the search market in China raked in earnings of $1.92 per share on $3.96 billion of revenue. Both numbers bested the Street's estimates of $1.79 earnings per share and $3.88 billion in revenue. * 9 High-Growth Stocks to Buy Now for Monster Returns BIDU is poised to open about 1.30% higher.While U.S. stocks have been roaring back, Baidu shares have done little to reclaim their former glory. Though they were able to climb above the 50-day moving average, the $177 resistance zone needs to be broken before we can get excited about the budding uptrend.On the options trading front, optimism surrounding the earnings release drove call demand. Total activity grew to 250% of the average daily volume, with 77,510 total contracts traded. 61% of the trading came from call options alone.Ahead of the event, options were pricing in an earnings gap of 4.4%, so this morning's 1.5% jump is arriving well within expectations. Look for implied volatility to sink at the open as the earnings uncertainty gets rapidly unwound. Roku (ROKU)The ongoing recovery in Roku shares was finally put to the test last night -- and it passed with flying colors. The technology company known for its streaming media device beat Wall Street's estimates on the top and bottom line. For the fourth quarter, ROKU earned 5 cents per share on $275.7 million in revenue. Analysts were expecting earnings of 2 cents on $14.08 million.Since bottoming last December at $26.30, ROKU stock had almost doubled ahead of last night's report. Which means much of the enthusiasm over its earnings turnaround was baked in. Nonetheless, the stock is up another 5.73% in early morning trading.The next resistance zone is $60, so I'd shoot for that as a logical upside target in the short run.Pre-earnings jitters look to have lifted put trading ahead of last night's release. Activity boosted to 242% of the average daily volume, with 92,197 total contracts traded. Puts accounted for 51% of the day's take.The options board was pricing in a 10.8% move ahead of earnings, so this morning's 7% pop falls well within the expected range. Chalk this up as a win for volatility sellers. Microsoft (MSFT)On a day where most stocks finally succumbed to gravity, Microsoft was flying high. The relative strength is telling and could spell additional upside to come. Yesterday's breakout ends the month-long consolidation in MSFT and sets the tech titan up for a revisit of its 2018 peak.Options traders certainly took note, driving total activity to 143% of the average daily volume, with 235,724 total contracts traded. Calls outpaced puts 57% to 43%.The lack of fear surrounding MSFT shares has driven implied volatility into the cellar. At present, the reading sits at 21% or the 13th percentile of its one-year range. The cheap premiums suggest long option plays are the way to go for those inclined to play.As of this writing, Tyler Craig didn't hold a position in any of the aforementioned securities. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 6 Hot Stocks For Goldman Sachs' New Investing Strategy * 10 Smart Money Stocks to Buy Now * The 10 Best Cheap Stocks to Buy Right Now Compare Brokers The post Friday's Vital Data: Baidu, Roku and Microsoft appeared first on InvestorPlace.
Here's the understatement of the week: investing in Chinese companies over the past few months has been painful. Stakeholders for internet giant Baidu (NASDAQ:BIDU) can commiserate. Last year, Baidu stock tanked nearly 33%, effectively neutralizing -- or neutering -- the potential seen during 2017's robust bull run.Source: Shutterstock Naturally, most shareholders decided to run for cover. If holding onto relatively stable American companies didn't make sense, their volatile Chinese counterparts obviously didn't fare better. Unsurprisingly, the markets' adventurous folks advantaged the weakness. Since the second half of 2018, short interest in BIDU stock dramatically spiked.As a result, InvestorPlace feature writer James Brumley astutely noted that its latest fourth-quarter 2018 earnings report was crucial. Although Baidu stock benefits from its dominant search engine and its myriad lucrative opportunities, Brumley articulated investors' central question: what are you doing in the meantime?InvestorPlace - Stock Market News, Stock Advice & Trading TipsFortunately for those long BIDU stock, the Chinese tech firm delivered the goods. BIDU beat the consensus estimate for earnings per share, amassing $1.92 per share against the $1.79 target. Additionally, management rang up $3.96 billion in revenue, exceeding the consensus calling for $3.88. Year-over-year, this tally represented 28% sales growth.Even more comforting, the specific details should bolster sentiment towards Baidu stock. According to CEO Robin Li:"The growth rate of Baidu App DAUs has been accelerating over the past year, up 24% year over year to 161 million in December 2018, while Haokan short video app grew to 19 million DAUs from 1 million a year ago."If we're just taking these numbers at face value, we have no reason to doubt BIDU stock. However, complex political and social underpinnings cloud the internet giant's prospects. * 7 Healthy Dividend Stocks to Buy for Extra Stability While I'm not dissuading anyone from BIDU stock, it's worth considering the risks. 'Americanized' User Base Possibly Threatens Baidu StockAs usual, Brumley lays out an excellent roadmap for those interested in BIDU stock. Honestly, I have nothing much to add aside from one of his points: Baidu's moneymaker is the search-engine advertising business, but draconian government oversight threatens this pivotal revenue channel.At first glance, this cyber-police crackdown inherently offers a mitigating effect. It's not just Baidu stock absorbing the unwanted attention. Rather, the Chinese government also targeted rivals such as Sohu.com (NASDAQ:SOHU) and Tencent (OTCMKTS:TCEHY).Historically, crackdowns in China are nothing new. It remains a communist country with totalitarian tendencies. That said, Tencent's WeChat app -- the "backbone" of Chinese millennial modernity -- presents a stark case regarding conflicting ideologies and how that could damage tech firms like BIDU.As South China Morning Post's Laurie Chen reported, Chinese youth have left WeChat in droves. The reason? Parent company Tencent disclosed that they hand over user data to authorities when required legally.Logically, this circumstance recalls Facebook (NASDAQ:FB) and its litany of privacy controversies. Moreover, many Chinese millennials refuse to submit to government totalitarianism like their parents' generation. Like their American counterparts, they're fighting back by leaving WeChat. Click to Enlarge The difference, though, is that we're witnessing a substantive impact. WeChat's active-user growth has decelerated dramatically. Possibly, this trend could spark viability concerns, especially among non-China-based investors.One of the central problems is that China's millennial culture is that they're unlikely to take crap, bluntly speaking. Increasingly, Chinese students have made their presence known in American universities, so much so that it's creating huge geopolitical rifts.During their four-plus years stateside, typically liberal professors indoctrinate students with the "American way." Based on WeChat's peaking growth curve, that individualistic indoctrination conflicts sharply with China's historically conservative culture.Unfortunately, the potential collateral damage threatens Baidu stock. A Worthwhile Gamble in BIDU StockGiven what I just discussed, the prospects for BIDU stock now appear decidedly negative. Perusing international news, the Chinese communist party shows no sign of acquiescing to western progressivism.On the flipside, China has reached a point where they can't willy-nilly antagonize its citizenry. As I mentioned last year, Chinese workers have voiced their displeasure at their own government for the trade-war related pains. Such vocal criticism was unheard of a generation ago.Plus, GDP growth in the world's second-largest economy has slowed conspicuously. Therefore, the government must make a choice: impose their ideology or support their still nascent capitalism. Ultimately, the communist hardliners can wax poetic all they want: money talks and bovine waste walks.Don't be surprised, then, that these internet and social-media crackdowns wane, if only for broader economic sustainability.Finally, I find encouragement with the current technical stability in Baidu stock. With all the short interest pressuring shares, BIDU has held firm. Now armed with a positive earnings result, the company solidified its nearer-term outlook. Therefore, a patient position now could yield strong profitability later.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Smart Money Stocks to Buy Now * The 10 Best Cheap Stocks to Buy Right Now * 7 Restaurant Stocks to Watch in 2019 Compare Brokers The post American Individuality a Surprising Risk for Baidu Stock appeared first on InvestorPlace.
China's leading search engine reported healthy growth in its latest quarter, but deceleration could once again be an issue in the current quarter.
An Update on Alibaba’s Recent Acquisitions(Continued from Prior Part)Analysts’ recommendations A total of 48 out of the 49 analysts covering Alibaba (BABA) have given the stock “buy” recommendations, while only one has called the stock a
PayPal Digest: Venmo, Bitcoin, Share Repurchases, and More(Continued from Prior Part)$3.5 billion returned to shareholders in one year PayPal (PYPL) returns value to its shareholders through share repurchases, which it funds with its cash stockpile.
Shares of Alibaba (NYSE:BABA) are showing new life -- along with a number of Chinese equities -- now that the U.S. and China are working toward a trade solution. Because of this improving rhetoric, BABA stock has been on the move, rallying just over 30% off its recent lows.Source: Shutterstock Can it keep going and possibly get back to its prior highs?Let's explore BABA stock and see if it's a good fit for certain investors. After doing some research, I've found that bulls can make a case for Alibaba stock based on three merits.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Trade Deal BoostWhy exactly did Chinese stocks like Alibaba, Baidu (NASDAQ:BIDU), iQiyi (NASDAQ:IQ), JD.com (NASDAQ:JD) and others fall out of favor so quickly? Admittedly, no company on this list is fundamentally perfect. But neither did they see any benefit when the U.S. and China started levying tariffs against one another, escalating a trade war between two of the world's largest countries.However, China appeared more vulnerable than initially believed and its economy has suffered markedly as a result. The U.S. hasn't gone unaffected, but the economy has handled the escalating trade war much better than many thought. That's left America in a favorable negotiating spot and as the two counties inch toward a deal, Chinese equities have been rallying. * 7 Healthy Dividend Stocks to Buy for Extra Stability The knife cuts both ways. Any negative headlines or rhetoric about a trade deal falling apart will mean bad things for BABA stock and its Chinese compatriots. But so far, the sailing has been pretty smooth. Should a deal get done, these stocks will have a huge overhang lifted from them, allowing the stocks to be valued on their fundamentals rather than sold down due to country-wide concern. Strong Fundamentals for BABA StockThat brings us to fundamentals, which are very strong in the case of BABA stock. Weighing in with a $442 billion market cap, Alibaba is no small company. It's slightly larger than its domestic rival Tencent (OTCMKTS:TCEHY) and just a bit smaller than Facebook (NASDAQ:FB).Still, Alibab's growth is virtually unrivaled, given its size. What other $400 billion-plus market cap company is set to grow revenue more than 30% this year? With that market cap threshold, the closest we get are Alphabet (NASDAQ:GOOGL) and Amazon (NASDAQ:AMZN), which are forecast to grow sales just under 20% this year.Alibaba though? Analysts are looking for 54% revenue growth to $55.5 billion in fiscal 2019, the last quarter of which Alibaba will report in May. Currently, analysts estimate that the company will grow sales another ~36% in fiscal 2020, vastly outpacing its mega-cap peers.The downside is that revenue growth is outpacing earnings expansion, which would suggest some margin pressure for Alibaba. That said, analysts are looking for 14.5% earnings improvement this year to $5.43 a share and an acceleration in fiscal 2020 to 23%. BABA stock trading at 31 times this year's earnings isn't exactly cheap, but where else can we find this growth at this size? We can't. Trading Alibaba Stock Click to EnlargeBABA stock is now shaping up much better than we could have anticipated a few months ago. After a strong rally off the October lows, Alibaba stock was again slammed lower in December. I'm not going to lie, for investors who check their brokerage account frequently, it took some serious guts to hold onto these shares. * 7 Financial Stocks With Accelerating Growth Now above all of its major moving averages, Alibaba stock could have some clear skies ahead. It's got the fundamentals needed for a rally and all it really needs is the trade risk to be removed.This $168 to $175-ish area had been a strong buoy of support from the second half of 2017 through the first half of 2018. Once it gave way in September though, it turned to resistance, making the charts even more bearish. BABA stock is piercing through with authority, but it is starting to peak over this level.While the rally could always fizzle out, there's no doubt BABA stock is looking much healthier. Should we get a trade deal, this thing could fly and start to make its way back to $200. If this current zone acts as resistance, I would like to see shares hold up over the $160 to $165 area. Above it and Alibaba stock looks good. Below, not so much.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long AMZN and GOOGL. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Smart Money Stocks to Buy Now * The 10 Best Cheap Stocks to Buy Right Now * 7 Restaurant Stocks to Watch in 2019 Compare Brokers The post 3 Reasons to Buy Alibaba Stock Now appeared first on InvestorPlace.
shares were indicated higher in pre-market trading Friday after the China-focused search engine operator posted stronger-than-expected fourth quarter earnings and held to its near-term revenue guidance despite the broader slowdown in the world's second-largest economy. Baidu said adjusted earnings for the three months ending in December were tabbed at 13.18 yuan per share ($1.96), based on its American depositary share listing, well ahead of the 11.83 estimate compiled by Refinitiv. Looking into 2019, Baidu said it sees first quarter revenues in the region of 23.5 billion to 24.7 billion, an 18% increase at the top end and a figure that won't be affected by company divestments and essentially matches Street forecasts.
China’s Baidu has lost more ground to its bigger online rivals Alibaba and Tencent, as measured in market-value terms, as competition grows and China’s economy slows. China fixed the yuan at 6.7151 to the dollar, its strongest in three weeks.
Baidu is playing catch-up, and it will cost investors eventually. Baidu, though, has been lagging badly, its Nasdaq-listed shares hardly higher than they were two years ago, while those of Alibaba and Tencent have grown by more than 60%. Baidu has even missed out on the recent Chinese tech-stock rebound.