Why I'm Buying Baozun But Avoiding Momo
Chinese tech stocks Momo (NASDAQ: MOMO) and Baozun (NASDAQ: BZUN) both posted triple-digit gains this year, but those rallies abruptly ended with double-digit declines after they released their earnings reports in late August. But the odd thing is that both companies soundly beat analyst expectations.
Momo, which produces a social app for chatting with nearby users, saw its second quarter revenue rise 215% annually to $312 million -- beating estimates by nearly $26 million. Its non-GAAP net income nearly tripled to $0.35 per share, topping expectations by four cents. Its monthly active users (MAUs) rose 22% annually to 91.3 million.
Source: Fool.com
Alibaba Group Holding Ltd ADR Aktie
Die Community sieht Alibaba Group Holding Ltd ADR positiv: Viel mehr Buy- als Sell-Einschätzungen.
Das Community-Kursziel von 106 € für Alibaba Group Holding Ltd ADR deutet auf ein leicht positives Wachstumspotenzial gegenüber 96.1 € hin.