|Bid||103.50 x 900|
|Ask||103.73 x 900|
|Day's Range||103.53 - 108.09|
|52 Week Range||93.39 - 206.25|
|Beta (3Y Monthly)||1.65|
|PE Ratio (TTM)||8.08|
|Earnings Date||Oct 28, 2019 - Nov 1, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||147.33|
Yahoo Finance's Dan Roberts, Scott Gamm, and Anjalee Khemlani discuss how trade talks are affecting Chinese businesses in the stock market.
[Editor's note: "5 Futuristic Artificial Intelligence Stocks to Buy" was previously published in September 2019. It has since been updated to include the most relevant information available.]Before we know it, AI will be part of our everyday lives. Market experts say artificial intelligence will lead the next wave of economic growth and productivity for at least the next couple of decades. But many AI stocks have earned a cautious outlook from the Street.We all know the up and downsides of stocks like Nvidia (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD) and Tesla Inc (NASDAQ:TSLA), but their challenges are separate from some other heavily AI-influenced stocks.InvestorPlace - Stock Market News, Stock Advice & Trading TipsTo find the best investing opportunities in AI right now, we looked for five stocks with a "strong buy" or "moderate buy" consensus rating from the Street's top analysts. These are analysts with the highest success rate and average return. By limiting the ratings to best-performing analysts, we cut out analysts with poor track records to find recommendations investors can trust. * 7 Beverage Stocks to Buy Now Stocks with "strong buy" ratings are also more likely to have significant upside potential from the current share price. Salesforce (CRM)Source: Bjorn Bakstad / Shutterstock.com When cloud computing giant Salesforce.com (NYSE:CRM) launched its Einstein Analytics platform back in 2017, everyone was buzzing. "We have more customer data than ever before and we need AI to turn data into something actionable for the business user," says CRM exec Arijit Sengupta.Salesforce wants a slice of the fast-growing AI market. A report by IDC and commissioned by CRM found that AI technologies will create more than 800,000 new jobs and add $1.1 trillion to global GDP by 2021.CRM also has a very strong outlook from the Street. Microsoft (MSFT)Source: Shutterstock Microsoft (NASDAQ:MSFT) acquired Canadian AI company Maluuba as its primary entrance into the AI fray. Maluuba teaches machines to think and ask questions through deep learning. You may have heard of Maluuba when it made the impossible possible and used AI to beat the notoriously difficult Ms. Pac-Man arcade video game.Microsoft CEO Satya Nadella says he wants to "democratize AI" and bring the technology to more industries such as healthcare, education and manufacturing. * 10 Super Boring Stocks to Buy With Super Safe Returns After taking a bit of a beating at the end of 2018, Microsoft has surpassed its previous highs. Alphabet (GOOGL)Source: Valeriya Zankovych / Shutterstock.com Alphabet Inc (NASDAQ:GOOGL) has made the most AI purchases out of any tech firm, calculated research firm Quid, which shows that GOOG has made 20 AI acquisitions, including predictive analytics platform Kaggle in Q1 2017 alone.Google CEO Sundar Pichai long has spoken about Google's "AI first" future. At Google's developer conference, he showed the Google Lens (a camera that can recognize what it sees) and AutoML. AutoML uses neural networks to build better neural networks, essentially creating an AI that can create itself.Google is rife with "buy" ratings and very few sell or hold ratings, and it has meaningful upside. Baidu (BIDU)Source: StreetVJ / Shutterstock.com Chinese internet company Baidu Inc (ADR) (NASDAQ:BIDU), the "Google of China," has been investing heavily in AI. It thinks artificial intelligence can give it an edge over local rivals Tencent Holdings Ltd. (OTCMKTS:TCEHY) and Alibaba Group Holdings Ltd (NYSE:BABA).Baidu spent $2.9 billion on R&D in just 2.5 years, with most of this going to AI. The money has funded a 1,700-member research team and four separate research labs. Crucially, Baidu has an AI advantage because of the huge data it gains from its 665 million monthly search engine users. * 10 Best Cloud Growth Stocks Right Now BIDU is a moderate buy with the trade war dragging on, but it still has impressive upside potential. Delphi Automotive (DLPH)Source: Shutterstock U.K.-based auto tech company Delphi Automotive (NYSE:DLPH) is on the rise after a tumultuous few months.Delphi dropped its powertrain business to focus on self-driving cars and electric vehicles last year, which appears to finally be paying off. In partnership with BMW, Intel Corporation (NASDAQ:INTC) and Mobileye NV, Delphi plans to launch self-driving cars by 2021.Which stocks have a strong buy rating in the sector that interests you?TipRanks tracks and ranks over 4,500 analysts from eight different market sectors. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Deeply Discounted Energy Stocks to Buy * 7 Stocks to Buy In a Flat Market * 10 Stocks to Buy to Ride China's Emerging Wealth The post 5 Futuristic Artificial Intelligence Stocks to Buy appeared first on InvestorPlace.
Baidu controls 75% of internet search in China but it's looking for new avenues of growth. Here is what the fundamentals and technical analysis say about buying BIDU stock now.
Shares of tech companies Alibaba, JD.com, the Trade Desk, and Roku are up today. The broader indexes have also opened higher on trade talk optimism.
Prior to the most recent dust up in U.S.-China relations, the case for Alibaba Group (NYSE:BABA) was an interesting one. After Alibaba stock peaked in the early summer 2018, shares have consistently met upside resistance. However, an apparent thaw in trade war tensions suggests a potential breakthrough. After all, a Chinese delegation was willing to meet in Washington for high-level talks.Source: testing / Shutterstock.com Now, all hope appears dashed and I'm not using any hyperbole. On Tuesday, Bloomberg News broke a startling development that the White House was "discussing blocking government pension funds from investing in China." Logically, such a measure would have serious implications for BABA stock, along with high-profile names like JD.com (NASDAQ:JD) and Baidu (NASDAQ:BIDU).And if that weren't enough, the South China Morning Post reported that the two sides have not made any progress on key trade issues. Because of this stalling in negotiations, the Chinese delegation will leave on Thursday, a day earlier than scheduled. Unsurprisingly, Dow Jones Industrial Average futures dropped 300 points following the announcement.InvestorPlace - Stock Market News, Stock Advice & Trading TipsYou don't need to read between the lines. This is all around bad news for Alibaba stock. * 10 Best Cloud Growth Stocks Right Now Of course, the contrarians will argue that BABA stock represents great value. For one thing, Alibaba Group admittedly has great fundamentals. Profitability margins beat out most competitors in the broader retail segment. Revenue growth is very impressive. Just a few years ago, BABA racked up only $15.6 billion in annual sales. Currently, it's on pace to exceed $60 billion.Of course, Alibaba Group offers myriad innovations that bolster the longer-term narrative. But none of these things will matter for Alibaba stock in the interim with President Trump in the driver's seat. Alibaba Stock Has an Executive ProblemI'm not too sure which way most InvestorPlace readers sway when it comes to politics. But based on prior interactions, I'd guess conservative.If that's true, most of you can rejoice: I believe the evidence strongly points to President Trump winning a second term next year. But that's also bad news if you have substantial exposure to BABA stock.Now, you might be thinking, "how could Trump possibly win when he is polling so poorly?" I would counter, though, that we should note that polls aren't always accurate, as the 2016 election proved.But more importantly, I don't see the Democrats and the broader left-leaning politicians forwarding any substantive policies. Every time I turn on the news, I'm inundated with cries about Trump's alleged racism. And leading Democratic candidates like former Vice President Joe Biden have bluntly called Trump racist and divisive.What's the problem with all this? Well, people simply get tired of politicians pulling the race card to further their agendas. I agree with The Wall Street Journal op-ed writer Jason L. Riley, who bemoaned the extreme obsession with racial politics.And with the racism charge dulled, the Democrats have no solutions for real, everyday Americans. This above all else probably explains why most Americans believe Trump will win reelection, even with getting impeached.Again, that's bad news for Alibaba stock. No other president in recent memory has imposed such a tough, no-nonsense approach to China. With Alibaba Group in particular being the Asian juggernaut's flagship corporation, I don't see a positive outcome for BABA stock in the nearer term.Let's also remind ourselves that saving face is a highly revered component of Chinese culture. Right now, the Chinese are losing a lot of it thanks to Donald J. Trump. * 7 Funds to Buy If the Market Turns Sour Trump Is Doing What Must Be DoneObviously, the trade war is not a popular topic no matter who's side you're on. Small businesses that depend on warm U.S.-China relations have been disproportionately hurt. If tensions continue, all American consumers will start bearing the cost of this conflict.But what makes this situation especially awkward for stakeholders of Alibaba stock is the trade war's moral reality. If the U.S. shows any weakness here, it sends the wrong message to our adversaries: they can steal our intellectual property and stymie American interests with little penalty.President Trump cannot send that message. Especially with an election year coming up, he can't afford to disappoint his core voting base. That bodes poorly for Alibaba stock for the next 12 months. And it will get even worse if we download Trump 2.0.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 Stocks to Short Now -- Before They Plummet * 10 Best Cloud Growth Stocks Right Now * 5 Red-Hot Retail Stocks to Buy This Holiday Season The post Alibaba Stock May Be Stuck in a Political Bear Trap Longer Than We Think appeared first on InvestorPlace.
Hedge fund managers like David Einhorn, Bill Ackman, or Carl Icahn became billionaires through reaping large profits for their investors, which is why piggybacking their stock picks may provide us with significant returns as well. Many hedge funds, like Paul Singer’s Elliott Management, are pretty secretive, but we can still get some insights by analyzing […]
Moody's Investors Service says that Baidu Inc.'s sale of a 6.1% stake in Ctrip.com International, Ltd. will enhance its already strong liquidity but have no immediate impact on its A3 issuer rating or the positive ratings outlook. On 2 October, Baidu announced it had completed the sale of a 6.1% stake (36 million American Deposit Shares) in Ctrip, a leading China online travel service provider.
What will today's political games bring tomorrow or the day after? It's far from clear, to say the least. But for Chinese stocks Baidu (NASDAQ:BIDU), New Oriental Education (NYSE:EDU) and JD.com (NASDAQ:JD), the price charts are offering promising entries for investors willing to ignore headline threats in favor of risk-adjusted opportunities. Let me explain.They're pawns in a politically heated game where the rules of engagement are blurry at best. I'm referring to U.S.-listed Chinese stocks. As most investors are aware, the international trade war has negatively impacted the Asian giant's economy over the past couple of years and proven a foe for bullish investors in many of the country's largest companies.Diversified tech giant Alibaba Group (NYSE:BABA) and large-cap energy producer China Petroleum (NYSE:SNP) certainly haven't been immune. Since hitting highs in 2018, those titans of industry are off 20% and 37% respectively. And then there's a difficult 25% drop for the very popular iShares China Large-Cap ETF (NYSEARCA:FXI) market barometer.InvestorPlace - Stock Market News, Stock Advice & Trading TipsNow this political back-and-forth between the U.S. and China has added another layer of uncertainty to Chinese stocks. Over the past couple weeks, the President Donald Trump administration has hinted it's considering a forced delisting of publicly traded stocks domiciled in China. * Are These 10 High-Yielding S&P Dividend Stocks Traps or Treasures? To be clear, there is no clarity on how this politically driven move might play out -- or how it might even be accomplished. And many argue whether it's really in the U.S.' best interests to consider going down this road. Bottom line, though, away from the "will he or won't he" headlines driving volatile day-to-day price action in Chinese stocks, shares of BIDU, EDU and JD stock have caught our eye on the price charts. They are names which are in friendly positions for bulls and bears in the weeks and months ahead. Chinese Stocks: Baidu (BIDU)Known to many as China's answer to Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) due to its search business and broad reach in other technologies (like autonomous vehicles), BIDU stock is the first of our Chinese stocks to buy. Shares of Baidu have had a tough go due to company-specific issues over the last couple years. But many of those difficulties look to be in the rearview mirror after the company released its last earnings report.What's more, the pressure and price action add up to a below-the-market price multiple opportunity in a name still poised for growth.The price chart in BIDU stock also looks supportive for a turnaround in shares. The monthly view has Baidu stock setting up as an undercut variation of the classic double-bottom pattern. Combined with a "modest" failure of the closely watched 62% Fibonacci support, the possibility of a powerful intermediate low is raised in our technical assessment. The BIDU Stock TradeFor this Chinese stock, I'd suggest waiting for monthly chart confirmation of a pattern low. Waiting until a move above $116 looks like a solid buying strategy. That entry narrowly clears the high of the September pivot bottoming candlestick. This purchase also allows BIDU stock to reclaim the 62% level and should help drive additional buying pressure from bears positioned out of a smaller flag pattern.Along with our next two trade candidates, I'd also recommend a bull call spread in BIDU. It's a safer way to gain exposure in shares given today's volatile trading environment for Chinese stocks. New Oriental Education (EDU)New Oriental Education is another company to consider buying. EDU stock is well-known to growth investors and for good reason. Not only does this prep and online educational services outfit sport double-digit growth, after a significant 50%-plus correction in 2018 shares have been a rare bird within the universe of Chinese stocks as EDU continues to challenge fresh all-time-highs.Currently EDU is forming a tight triangle that's entering its third month of consolidation. With the pattern developing on either side of EDU's former highs, there's solid evidence this platform will lead to a breakout and another large rally into 2020. The EDU Stock TradeFor this Chinese stock, look to buy a slightly out-of-the-money intermediate-term bull call spread. But wait to see if EDU shares can stage a breakout above pattern resistance in the coming days or weeks. JD (JD)JD.com has been likened to Amazon (NASDAQ:AMZN) by many investors due to its online retail presence and growing logistics and services businesses. Technically speaking, JD stock is one which could be setting up for either bears or bulls.The monthly chart of this Chinese stock shows two head-and-shoulder patterns. The smaller formation played out well for bears as shares broke neckline support in 2018 and proceeded to tumble by roughly 40% before forming a triple bottom below $20. But the worst may be yet to come. A larger head-and-shoulders formation has developed over the entirety of JD stock's time as a publicly listed company. Ultimately, a breakdown beneath triple-bottom support would confirm a failure of the large pattern's neckline.Alternatively, with JD stock's right shoulder having formed a pivot high against the smaller neckline and 38% retracement level, a failure or upside breakout could be a huge buy signal for shares. A broken pattern can be powerful motivators for new money to come in. Then a bullish phase could begin. The JD Stock TradeWith shares stationed much closer to a pattern failure than confirmation, if JD can clear the August high of $32.28, a buy entry could be close at hand. Still, bears do have the benefit of the developing bearish head-and-shoulders formation. Either way, respecting the price chart to enter and exit and make any long or short positions a more ironclad proposition using JD stock's options market is advised.Investment accounts under Christopher Tyler's management do not currently own positions in 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 * 10 Best ETFs for 2019: The Race Is a Little More Gnarly Now * 7 Next-Generation Healthcare Stocks to Buy * Are These 10 High-Yielding S&P Dividend Stocks Traps or Treasures? The post Friend or Foe? 3 Chinese Large-Cap Stock Charts to Trade appeared first on InvestorPlace.
The cup with handle chart pattern is to serious investors what the single is to a baseball fan. It's the starting point for scoring runs.
The Trump administration is focusing on Chinese firms listed on the US stock exchanges. Talk of delisting these companies has become a regular phenomenon.
Major U.S. fund managers have tens of billion of dollars at stake in some of the most popular Chinese stocks on Wall Street, exposing them to potential losses should the White House move to delist Chinese firms from U.S. exchanges. White House trade adviser Peter Navarro on Monday dismissed reports that the Trump administration was considering delisting Chinese companies from U.S. stock exchanges as "fake news," helping Chinese stocks including JD.com and Alibaba Group Holding recover some of their declines from Friday after the reports emerged. As Navarro's comments reduced investor fears, the S&P/BNY Mellon China Select ADR index rose 1.1% after tumbling more than 3% on Friday.
Shares of U.S.-listed shares of Chinese companies were mostly higher in morning trading Monday, after a U.S. Treasury official denied a report out Friday that the U.S. was considering banning Chinese companies from listing on U.S. exchanges. The Invesco Golden Dragon China ETF rose 1.6% after losing 3.9% on Friday. Among the more-active components, Alibaba Group Holding Ltd.'s stock rose 1.9%, after falling 5.2% on Friday; Baidu Inc. shares bounced 1.7% after dropping 3.7% on Friday; Pinduoduo Inc.'s stock rose 3.9% after shedding 4.2% the previous session. Among some decliners, Luckin Coffee Inc. fell 1.6% after sliding 5.7% on Friday; iQIYI Inc. gave up 1.4% after falling 4.1%; and Nio Inc. tumbled 11% after 10.7% on Friday.