Top 5 China Stocks To Buy For 2019

A successful merger between Sprint (NYSE:S) and T-Mobile (NASDAQ:TMUS) would reduce the number of major wireless carriers from four to three. Will that reduce incentives for the new company to offer the same discounts and services that we’ve seen in recent years?

In this segment fromIndustry Focus, host Vincent Shen is joined by Motley Fool contributor Daniel Kline as they offer up their final thoughts (and doubts) about this $26 billion deal.

A full transcript follows the video.

This video was recorded on May 1, 2018.

Vincent Shen: We have a few more minutes here. I figure we can spend it going into some of the antitrust regulatory concerns and our personal thoughts on this deal. If you’re a betting man, how do you feel about the odds for this deal?

Dan Kline: Well, without getting too political here, I think it happens. The way to get President Trump to be behind something is to appeal to him, to his vanity, to the ways he thinks about things. So is he going to want us to be behind China on 5G? I don’t think so. He likes when a company kowtows to him and says, “Oh, please, we’re going to do it all your way!” This was very smart. Right after they hit send on the press release, Marcelo Claure and John Legere called Ajit Pai, head of the FCC, a Trump appointee and the person who would take the lead, in terms of at least one aspect of the regulatory approval. And they laid it out, and he basically said, “Hey, I said I’d give you a fair shake.” So they’re already starting with a chance.

Top 5 China Stocks To Buy For 2019: Baidu Inc.(BIDU)

Advisors’ Opinion:

  • [By Rick Munarriz]

    Everyone knows China’s leading search engine, but Sogou — the country’s second largest platform according to iResearch in terms of volume of mobile queries — also deserves some investor attention. Sogou is growing faster than Baidu (NASDAQ:BIDU), with revenue rising 53% in the first quarter. Sogou’s adjusted earnings grew at a hearty 56% clip.

  • [By Rick Munarriz]

    Getting back to basics is a good look for Baidu’s (NASDAQ:BIDU) financial statements. China’s leading search engine came through with its best top-line growth since 2015 for this year’s first quarter. Revenue topped the high end of its earlier guidance — as it did last time out — with earnings growing even faster.

  • [By Leo Sun]

    Baidu’s (NASDAQ:BIDU) video streaming unitiQiyi (NASDAQ:IQ) recently unveiled a VR headset called the Qiyu VR II. The device, which was built via a collaboration with Qualcomm, plays 4K videos as well as 8K panoramic videos.

  • [By Motley Fool Staff]

    Vena: Right. iQiyi, when they started developing this original content, keep in mind that they were still owned by Baidu(NASDAQ:BIDU), which spun them off earlier this year. Now, Baidu has a lot of similarities to Google. They are the major search engine in China. They have a lot of data. They’ve been at the forefront of artificial intelligence. So, one of the things that iQiyi said in their IPO filing with the SEC is that they view that data and their ability to analyze that data using artificial intelligence as one of their competitive advantages. So, they have used that to generate shows that Chinese consumers just really love.

  • [By Dan Caplinger]

    The stock market didn’t see much volatility on Friday, with most major benchmarks finishing the session very close to where they had started. Without much in the way of market-moving news on the national or global front, most investors instead paid attention to the cross-currents involved with monthly options expirations. Some other parts of the financial markets were more interesting, with bond yields easing a bit lower after their big upward push earlier in the week and oil prices taking a break from their recent surge. Yet some individual companies suffered from bad news that sent their shares lower. Baidu (NASDAQ:BIDU), GameStop (NYSE:GME), and Opko Health (NASDAQ:OPK) were among the worst performers on the day. Here’s why they did so poorly.

Top 5 China Stocks To Buy For 2019: Focus Media Holding Limited(FMCN)

Advisors’ Opinion:

  • [By Stephan Byrd]

    An issue of Focus Media Holding Limited (NASDAQ:FMCN) debt fell 1.1% against its face value during trading on Tuesday. The debt issue has a 7.5% coupon and is set to mature on April 1, 2025. The debt is now trading at $97.63 and was trading at $98.50 last week. Price changes in a company’s debt in credit markets sometimes anticipate parallel changes in its stock price.

Top 5 China Stocks To Buy For 2019: Renesola Ltd.(SOL)

Advisors’ Opinion:

  • [By Joseph Griffin]

    These are some of the media headlines that may have impacted Accern’s scoring:

    Get ReneSola alerts:

    ReneSola Sells North Carolina Solar Project To Greenbacker (solarindustrymag.com) ReneSola (SOL) Rating Increased to Neutral at Roth Capital (americanbankingnews.com) ReneSola (SOL) Q1 Earnings in Line, Revenues Top Estimates (zacks.com) ReneSola’s (SOL) CEO Xianshou Li on Q1 2018 Results – Earnings Call Transcript (seekingalpha.com) ReneSola (SOL) Releases Earnings Results (americanbankingnews.com)

    Shares of ReneSola traded up $0.08, hitting $2.76, during trading on Friday, Marketbeat.com reports. The stock had a trading volume of 124,969 shares, compared to its average volume of 108,565. The firm has a market capitalization of $102.11 million, a PE ratio of 21.23 and a beta of 2.05. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.36. ReneSola has a 12 month low of $2.12 and a 12 month high of $3.79.

Top 5 China Stocks To Buy For 2019: Netease.com Inc.(NTES)

Advisors’ Opinion:

  • [By Paul Ausick]

    NetEase Inc. (NASDAQ: NTES) fell by about 9.7% Thursday to post a new 52-week low of $240.08 after closing at $266.00 on Wednesday. The 52-week high is $377.64. Volume of about 4.4 million was more than 4 times the daily average of about 1 million. The reported a profit that missed expectations last night.

  • [By Leo Sun]

    But PUBG doesn’t plan to give up. It recently sued NetEase (NASDAQ:NTES) over its two new battle royale titles, Rules of Survival and Knives Out. NetEase isn’t shy about promoting these games as PUBG clones — the promotional art forKnives Outeven features a man wearing the same battle helmet, white shirt, and tie as the man in PUBG’s promos.

  • [By Leo Sun]

    For comparison, Tencent (NASDAQOTH:TCEHY) and NetEase (NASDAQ:NTES), the two biggest names in Chinese mobile games, trade at about 9 times and 3 times this year’s sales, respectively. Out of the ten highest-grossing Android games in China (according to Newzoo’s April numbers), Tencent and its subsidiaries published six of the titles, while NetEase published three. The only game which didn’t come from those two publishers was 4399’s Dream Journey.

  • [By Ethan Ryder]

    California Public Employees Retirement System lowered its stake in NetEase (NASDAQ:NTES) by 26.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 128,173 shares of the technology company’s stock after selling 46,859 shares during the period. California Public Employees Retirement System owned approximately 0.10% of NetEase worth $35,938,000 as of its most recent SEC filing.

  • [By Ethan Ryder]

    NetEase (NASDAQ:NTES) traded down 0.3% during mid-day trading on Friday after Barclays lowered their price target on the stock to $255.00. Barclays currently has an equal weight rating on the stock. NetEase traded as low as $240.07 and last traded at $246.86. 481,395 shares were traded during mid-day trading, a decline of 60% from the average session volume of 1,205,109 shares. The stock had previously closed at $246.16.

  • [By Shane Hupp]

    These are some of the news headlines that may have effected Accern’s rankings:

    Get NetEase alerts:

    Study Stock Price Behavior with Financial Report for NetEase, Inc. (NTES) (finherald.com) Analysis of Analyst Stock Recommendation: NetEase, Inc. (NTES) (nasdaqplace.com) Notable Moving Tech Stock: NetEase, Inc. (NTES) (nasdaqplace.com) Investors must not feel shy to buy these Stocks: NetEase, Inc. (NASDAQ:NTES), YUM! Brands, Inc. (NYSE:YUM), Erie … (journalfinance.net) Destiny maker Bungie raises $100M from Chinas NetEase to build new games (geekwire.com)

    NetEase traded up $3.95, hitting $243.58, during midday trading on Friday, MarketBeat.com reports. The stock had a trading volume of 1,182,914 shares, compared to its average volume of 1,423,698. The firm has a market cap of $31.99 billion, a price-to-earnings ratio of 19.63, a PEG ratio of 1.83 and a beta of 0.82. NetEase has a 1-year low of $222.32 and a 1-year high of $377.64.

Top 5 China Stocks To Buy For 2019: Clean Diesel Technologies Inc.(CDTI)

Advisors’ Opinion:

  • [By Stephan Byrd]

    Here are some of the media stories that may have impacted Accern Sentiment’s analysis:

    Get Molecular Templates alerts:

    Trading Center: Watching the Levels for Molecular Templates, Inc. (:MTEM): Move of 0.02 Since the Open (stocknewscaller.com) Molecular Templates (MTEM) Announces Clinical Data at 2018 ASCO Meeting (streetinsider.com) Gallbladder Cancer Treatment Sales Market Size by Players, Regions, Type, Application and Forecast to 2025 (exclusivereportage.com) ATR in spotlight EnSync, Inc. (NYSE:ESNC), CDTi Advanced Materials, Inc. (NASDAQ:CDTI), Molecular Templates, Inc … (stocksnewspoint.com)

    MTEM has been the subject of several research analyst reports. ValuEngine lowered shares of Molecular Templates from a “hold” rating to a “sell” rating in a research report on Thursday, March 1st. Zacks Investment Research raised shares of Molecular Templates from a “sell” rating to a “hold” rating in a research report on Thursday, June 7th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $5.20.

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