103.72 +0.19 (0.18%)
After hours: 7:52PM EST
|Bid||103.54 x 200|
|Ask||104.00 x 100|
|Day's Range||102.31 - 105.49|
|52 Week Range||40.12 - 123.00|
|PE Ratio (TTM)||88.56|
|Earnings Date||Feb 20, 2018 - Feb 26, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||27.47|
Wayfair stock is up 114% so far this year. Yes it has, but that hasn’t turned into a headwind for solar power outfit First Solar, Inc. (NASDAQ:FSLR). While the mania has cooled down quite a bit, solar power as an industry has actually continued to mature.
The November 30 short interest data have been compared with the previous report. Short interest in these selected social media stocks was mixed for this settlement date.
Baidu Inc (ADR) (NYSE:BIDU) stock joined the Chinese internet stock party after reporting blowout second quarter numbers in July. BIDU stock rallied 30% from that earnings report into the company’s next earnings report. Since then, BIDU stock is down more than 10%.
Facebook is the dominant social network and its stock is in a buy zone, but Twitter and Snapchat operator Snap surged toward breakouts Monday. China's Weibo regained its 50-day line.
The tech sector has come under fire recently, but the selloff has been particularly painful for Weibo Corp (ADR) (NASDAQ:WB) stock. WB stock has dropped from over $120 to just above $100 in just a few days. As my peer James Brumley correctly pointed out, WB stock was running into critical resistance levels at $120.
At first glance, Weibo Corp (ADR) (NASDAQ:WB) seems like it is an up-and-coming play in Chinese social media. Weibo is a microblogging service, kind of a cross between Twitter Inc (NYSE:TWTR) and Facebook, Inc. (NASDAQ:FB). WB stock has 313 million monthly active users and 139 million daily active users.
Almost like someone flipping a switch, Snap Inc (NASDAQ:SNAP) became a hot stock again on Dec. 5. Barclays plc (ADR) (NYSE:BCS) analyst Ross Sandler was the switch flipper, claiming SNAP stock has a 30% upside and giving it an overweight rating. CNBC host Jim Cramer, a notorious Snap bear, immediately jumped on the bandwagon, saying he liked the call and the price. In trading on Dec. 5 SNAP stock gained 10%, to almost $15 per share.
Since the latest earnings report (which came out in late October), Baidu Inc (ADR)(NASDAQ:BIDU) stock has been listless. BIDU stock already had staged a nice run for the year, up about 43%. Baidu is the No. 2 player in the world and of course, is the dominant player in China, with a 75% marketshare.
When looking for tech stocks that will be acquired in 2018, one should search for names that are in strong sectors that larger companies are looking to enter. The tech stocks that will be acquired will also have good products that are in strong demand and have great growth potential, as well as an affordable price tag. Based on my criteria, here are seven tech stocks that will be acquired in 2018.
To say something has gone terribly wrong for Momo Inc (ADR) (NASDAQ:MOMO) would still be a considerable understatement. MOMO stock is down nearly 50% from its August peak, and it continues to knock on the door of lower lows. Savvy investors will at least entertain the possibility that this sharp pullback is a buying opportunity.
Momo Inc (ADR) (NASDAQ:MOMO) stock has had an interesting 2017. After blowing away analysts earnings and revenue estimates — which would mean a huge rally for say, US firms like Facebook Inc (NASDAQ:FB) or Twitter Inc (NASDAQ:TWTR) — MOMO stock dropped 20%.
Immediately following the equally astonishing and unexpected election victory of President Donald Trump, the futures markets tumbled. From that perspective, I can see why the best investments of 2017 appeared to be put options against virtually anything. Third, Trump had the magic intangible of being Trump.
Already up over threefold, Weibo Corporation (NASDAQ:WB) has a price-earnings multiple sure to scare away value investors. In the first quarter, Weibo reported revenue growth of 81% year-over-year, to $320 million. Since 96% of Weibo’s MAUs came from mobile devices, the company is clearly a solid mobile app play.
Are you familiar with the Rule of 72? It’s the number of years it takes to double your money, arrived at by dividing 72 by the annual rate of return. For example, if you own a group of stocks that average an annual return of 12%, it would take them approximately six years to double in value.
British theoretical physicist Stephen Hawking, on his Chinese microblog Weibo account, praised the lead singer of China's most popular boy band for asking about life beyond Earth. Wang Junkai, leader singer of the wildly popular TFBOYS, posted a video of himself on his Weibo account on Friday asking the author of "A Brief History of Time" how humanity should prepare for interstellar migration in years to come. Hawking recently warned that the human race must evacuate Earth in 600 years before soaring energy consumption turns the planet into a "ball of fire".
Weibo Corporation (NASDAQ:WB) is trading with a trailing P/E of 97.4x, which is higher than the industry average of 36.7x. While this makes WB appear like a stock to avoidRead More...
Individual investors like stocks with a high growth potential. These companies have a strong outlook that can bring a significant upside to your portfolio, regardless of market cyclicality. If yourRead More...
Over the course of the past couple of weeks, our very own Luke Lango, Larry Ramer and Louis Navellier each shared their bullish case for Weibo Corp (ADR) (NASDAQ:WB), with Lango predicting WB stock could almost double within the next five years.Source: Shutterstock
Weibo Corp. (ADR) (NASDAQ:WB) easily beat earnings estimates for its third quarter, with revenue growing 81% year-over-year. Weibo produces WeChat, a chat platform that is the main way young Chinese connect with one another.
Weibo Inc (ADR) (NASDAQ:WB) is a Chinese social media company that had its roots as a micro-blogging site. WB has made nearly 9x more year to date. A large chunk of WB is owned by online firm Sina Corp (NASDAQ:SINA) as well as online retailer Alibaba Group Holding Ltd (NYSE:BABA).