|Bid||16.95 x 800|
|Ask||16.97 x 800|
|Day's Range||16.60 - 17.29|
|52 Week Range||15.89 - 42.12|
|Beta (3Y Monthly)||1.29|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 22, 2019 - Apr 26, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||23.60|
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.
Sohu (SOHU) fourth-quarter 2018 results benefit from improved operational efficiency but declining brand advertising revenues remain an overhang.
The Beijing-based company said it had profit of 37 cents per share. Losses, adjusted for non-recurring gains, were $1.50 per share. The operator of a popular Chinese Web portal posted revenue of $482.2 ...
BEIJING , Feb. 1, 2019 /PRNewswire/ -- Sohu.com Limited (NASDAQ: SOHU), China's leading online media, video, search and gaming business group, today reported unaudited financial results for the fourth ...
BEIJING , Jan. 28, 2019 /PRNewswire/ -- Sohu.com Limited (NASDAQ: SOHU), China's leading online media, video, search and gaming business group, will report its fourth quarter and fiscal year 2018 unaudited ...
As China's premier search engine company, Baidu (NASDAQ:BIDU) generated a great deal of interest in recent years. Those who missed out on Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) hoped that this "Google of China" offered them a second chance through BIDU stock. This thesis has not worked out well. BIDU has remained range-bound in recent years. More recently, a trade war has led to a generalized selloff in Chinese stocks. Still, BIDU stock now trades at the lower end of this long-term range. Given the recent history of the stock, Baidu could become a lucrative trade even if the equity never breaks free of its current range. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The 7 Best Stocks in the Entrepreneur Index ### BIDU Still Is Risky At first glance, one might think a trade dispute with the U.S. would have little impact on BIDU stock. After all, Baidu is primarily a Chinese-language search engine. As the equivalent of Google in China, its balance sheet remains strong. Analysts also expect a profit growth rate of about 9.7% this year. Unfortunately, a generalized selloff in the Chinese market has taken BIDU down as well. It currently trades at about 44% below its 52-week high. Also, BIDU stock suffers from numerous risks. The latest round of bad news comes from the Chinese government itself. Authorities have ordered Baidu and its peer Sohu (NASDAQ:SOHU) to suspend several news services for a week. The Chinese have ordered this to kick off a campaign to eliminate "vulgar" content. This serves as a painful reminder that China's government remains a cause for uncertainty in Baidu. Also, as I mentioned in a previous article last month, BIDU stock is not stock in the company Baidu. Like Alibaba (NYSE:BABA), Tencent (OTCMKTS:TCEHY), and other prominent Chinese companies, owning Baidu stock buys one into a Cayman Islands-based holding company legally entitled to Baidu's profits. I do not think that the Chinese want the turmoil that would come from breaking such agreements. Still, investors need to consider this as a risk factor when buying BIDU. ### BIDU Is a Trade at the Very Least If one can stomach the deceptively uncertain nature of BIDU stock, I now see an opportunity. Since I urged caution in BIDU last month, it has fallen an additional 12%. Its current price of just under $160 per share is a value first seen on the stock in the fall of 2013. BIDU also trades at the lower end of the trading range first established in that same year. That range has risen to as much as $284.22 per share, the stock's current 52-week high. Hence, even if it remains range-bound, this leaves the potential for a 75% profit. Moreover, stockholders need to mind the long-term price floor. Other than a downward spike into the low $130s per share range in 2015, it has usually remained above $150 per share. It will become an uncomfortable hold if it returns to that $130s per share range. If it falls below that range, investors will probably need to sell. Still, I see those risks as low. For now, the forward price-to-earnings (PE) ratio remains above 14. Barring an unpredictable and cataclysmic event, I do not think the equity will fall much further. Also, if optimism returns, BIDU stock holds potential for significant gains even if stays within its five-year range. ### Final Thoughts on BIDU Stock Amid the unexpected risks, BIDU has become a trading opportunity. Despite a lack of direct exposure to the U.S., BIDU has suffered along with other Chinese stock as a trade war with the U.S. has weighed on the market. However, this has taken BIDU to the lower end of a range it has maintained since 2013. This indicates a possible trade even if Baidu remains in its trading range for some time to come. BIDU remains a play fraught with uncertainty, and time will tell whether breaks out of its range. However, for those interested in a trade, one could probably make a decent profit by buying BIDU stock at these levels. As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy Down 20% in December * 5 Chinese Stocks to Avoid Now (But Buy Later) * 3 Big Gainers That Easily Could Be the Best Stocks to Buy Compare Brokers The post Risk-Tolerant Investors Finally Might Find Opportunity in BIDU Stock appeared first on InvestorPlace.
The Cyberspace Administration of China on Thursday announced it was starting a six-month effort to eradicate “vulgar” information” from a plethora of online media, including messaging services and livestreaming platforms. The Beijing branch of the watchdog said it summoned executives from both firms and ordered several of Baidu’s and Sohu’s news and content feeds to suspend updates from Jan. 3 to Jan. 10 while they root out undesirable content. Baidu’s shares fell 4.7 percent, marking their largest drop since August.
“Value has performed relatively poorly since the 2017 shift, but we believe challenges to the S&P 500’s dominance are mounting and resulting active opportunities away from the index are growing. At some point, this fault line will break, likely on the back of rising rates, and all investors will be reminded that the best time […]
Sohu.com (SOHU) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
BEIJING (AP) _ Sohu.com Limited (SOHU) on Monday reported a loss of $34.3 million in its third quarter. On a per-share basis, the Beijing-based company said it had a loss of 89 cents. This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research.
BEIJING , Nov. 5, 2018 /PRNewswire/ -- /U P D A T E -- Sohu.com Ltd./ In the news release, "Sohu.com Reports Third Quarter 2018 Unaudited Financial Results", issued on November 5, 2018 by Sohu.com ...
BEIJING , Oct. 22, 2018 /PRNewswire/ -- Sohu.com Limited (NASDAQ: SOHU), China's leading online media, video, search and gaming business group, will report its third quarter 2018 unaudited financial results ...
Lumber Liquidators, Camping World, and Sohu.com have lost half their value in 2018, but they are all primed to make back some of those losses in the next three months.
Over the past month I have brought up four different Chinese stocks that I like — three I believe will bounce sharply higher when a trade agreement is reached and one that I saw was a great buy at the beginning of September. The four Chinese stocks I have written about — Autohome (NYSE:ATHM), Alibaba (NYSE:BABA), Baozun (NASDAQ:BZUN) and ZTO Express (NYSE:ZTO) — all have great fundamentals and have seen earnings and sales grow in recent years.