Some stocks seem to hog the limelight, and that's understandable, to some extent. After all, stocks that have been at the forefront of the hottest trends and delivered tremendous gains arguably deserve greater attention than others.
In this video, I will go over the activities of six super investors in the fourth quarter -- what stocks they bought, and what they sold. You will find famous investors such as Monish Pabrai, Chuck Akre, Howard Marks, Terry Smith, Michael Burry, and Pat Dorsey.
For Immediate ReleaseChicago, IL – February 15, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the f
Alibaba (BABA) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.
China is the world's second-largest economy and is home to some of the world's fastest-growing companies across sectors like technology, e-commerce, and healthcare. Investing in
Chinese stocks can help diversify your portfolio and reduce overall risk by gaining exposure to different markets. However, investment in Chinese stocks comes with certain challenges related to regulatory, political, and economic factors.
To help identify the best Chinese stocks for your portfolio, we have leveraged the TipRanks
Stock Screener tool. These stocks have received a Strong Buy rating from analysts. Further, the average analysts’ price targets reflect a solid upside potential of more than 20%.
Here are five such stocks for investors to consider.
Alibaba (
NYSE:BABA
) – BABA is an e-commerce and technology company in China. Alibaba’s average price target implies an upside potential of 44.34%. Following the
release of Q4 earnings on February 7, 15 analysts assigned a Buy rating to the stock.
NetEase (
NASDAQ:NTES
) – NetEase is an internet technology company, known for its online gaming and e-commerce platforms. NTES stock’s price forecast of $134.05 implies 24.06% upside potential.
Baidu (
NASDAQ:BIDU
) – Baidu specializes in Internet-related services and artificial intelligence. The stock’s average price target implies an upside potential of 54.1%. Last week, two analysts rated the stock a Buy.
Trip.com (
NASDAQ:TCOM
) – Trip.com is an online travel agency. TCOM stock has an average price target of $50.39, which implies a 25.98% upside potential from current levels.
Li Auto (
NASDAQ:LI
) – Li Auto is a Chinese electric vehicle manufacturer that specializes in the development and production of smart electric SUVs. LI stock has an analyst consensus upside of 71.64%. Last week, one analyst rated the stock a Buy.
Disclosure
Alibaba's (NYSE: BABA) stock price sank 6% on Feb. 7 after the Chinese e-commerce and cloud leader posted its latest earnings report. For the third quarter of fiscal 2024, which ended on Dec. 31, its revenue rose 5% year over year to 260.35 billion yuan ($36.67 billion) and beat
Looking for some deals in the stock market? If you've got $5,000 that you are looking to invest in some established growth stocks, there are some bargains worth considering. Three cheap stocks backed by promising businesses that would make for solid long-term investments right no
There's no getting around the impact that artificial intelligence (AI) has had on the market trajectory over the past year or so. Some would even argue that the latest advances in AI helped spark the rally in 2023, lifting Wall Street from its bear market doldrums.
Alibaba Group Holding Limited BABA reported third-quarter fiscal 2024 non-GAAP earnings of $2.67 per ADS (RMB 18.97), which missed the Zacks Consensus Estimate by 2.2%. The figure decreased 2% from the year-ago quarter’s reported
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts ofte
Alibaba (NYSE: BABA) released its latest set of quarterly results late Wednesday, and investors reacted by trading the big Chinese company's stock down the following day. Across that trading session the price of its American depositary shares (ADSes) declined by almost 4%, agains
Shares of JD.com (NASDAQ: JD), the Chinese e-commerce giant, were falling again today. This time, it was in response to a disappointing earnings report from Alibaba (NYSE: BABA), its close competitor and peer.
China's Alibaba Group Holding on Wednesday missed analysts' estimates for third-quarter revenue, hurt by strong competition and faltering economic recovery in the world's second-largest economy.
Wall Street's major stock indexes rose on Wednesday, with the benchmark S&P 500 registering a record closing high, as investors applauded overall strength in U.S. earnings and monitored Federal Reserve comments for clues on interest rates.
Wall Street's major stock indexes rose on Wednesday, with the benchmark S&P 500 scaling a record high, as investors applauded overall strength in U.S. earnings and monitored policymaker comments for clues on the interest rate outlook.
Tech stocks were rising late Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) adding 1.3% and the SPDR S&P Semiconductor ETF (XSD) climbing 1.8%.
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