Top 5 China Stocks To Buy For 2019

Stock futures are getting hammered Wednesday as trade tensions between the United States and China mount.

The Dow is set to plummet 500 points at the open as wary investors sell off industrial giants with heavy exposure to China. Nasdaq futures signaled a 2% fall, while S&P 500 futures were off 1.7%.

“It is nobody’s best interest for the United States and China to engage in a trade war,” said Sam Stovall, chief investment strategist at CFRA Research.

The Chinese Ministry of Commerce said Wednesday that it plans to impose a 25% tariff on $50 billion worth of US exports, including planes, cars soybeans and chemicals.

China’s move is in retaliation to the Trump administration announcing Tuesday that it would to impose tariffs on about 1,300 Chinese goods worth about $50 billion annually.

The tariffs will not go into effect immediately, leaving the door open for the two countries to negotiate. The Trump administration said it will hold a public hearing for US businesses about its plans next month.

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

Advisors’ Opinion:

  • [By Logan Wallace]

    Shares of CDTi Advanced Materials Inc (NASDAQ:CDTI) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $0.33 and last traded at $0.36, with a volume of 500 shares trading hands. The stock had previously closed at $0.36.

  • [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.

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.

  • [By Stephan Byrd]

    An issue of Focus Media Holding Limited (NASDAQ:FMCN) bonds fell 0.9% against their face value during trading on Monday. The high-yield debt issue has a 7.25% coupon and will mature on April 1, 2023. The bonds in the issue are now trading at $99.13 and were trading at $98.13 last week. Price moves in a company’s bonds in credit markets sometimes anticipate parallel moves in its share price.

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

Advisors’ Opinion:

  • [By Garrett Baldwin]

    Shares of Apple Inc. (Nasdaq: AAPL) may face additional pressure today after another surprise update from one of its biggest suppliers. Austria-based supplier AMS, a maker of optical sensors for the iPhone X, warned that sales for the second quarter will fall by roughly 50% from the first quarter. This comes not long after Taiwan Semiconductor Manufacturing Co. Ltd. (ADR) (NYSE: TSM) offered a lower-than-expected Q2 revenue forecast. Now, Wall Street analysts could soon follow with cuts to iPhone sales forecasts, especially after rival Samsung warned of a slowdown in display panel sales.
    This morning, the European Central Bank announced it will maintain its record-low interest rates and accommodating monetary policy. At a time when the U.S. central bank is raising rates, the ECB failed to provide a timeline on when it will end its massive stimulus package, which features monthly bond purchases of $37 billion.
    Four Stocks to Watch Today: DNKN, QSR, GM, FB
    Hedge fund manager and notable short-seller Jim Chanos is lining up positions against two of the restaurant industry’s best-known firms. Shares of Dunkin Brands Group Inc. (Nasdaq: DNKN) and Restaurant Brands International Inc. (NYSE: QSR), which owns Burger King, were both sliding after Chanos said he was short the firms over sales concerns. The news comes the same morning that DNKN topped Wall Street profit estimates of $0.62 by $0.11. However, DNKN quarterly revenue fell short of expectations.
    Facebook Inc. (Nasdaq: FB) stock doesn’t appear to be facing any significant fallout due to its ongoing data scandal. The social media giant shattered revenue expectations after the bell Wednesday. Shares popped 7% after the company reported a 50% year-over-year revenue surge. The firm reported 1.45 billion daily active users and 2.2 billion monthly users. This was the first earnings report since the Cambridge Analytica scandal that happened in March. Shares are rebounding, as the firm had lost billions in

  • [By Anders Bylund]

    iQiyi (NASDAQ:IQ) had a good day on Friday. Shares of the Chinese online media giant and former Baidu (NASDAQ:BIDU) subsidiary were up 11.1% at 3:40 p.m. EDT. An iQiyi-produced movie was nominated for two prestigious awards at the Shanghai International Film Festival, which is a lot like an up-and-coming Western studio snagging some Oscar nods.

  • [By Leo Sun]

    Baidu (NASDAQ:BIDU) and China Mobile (NYSE:CHL) recently signed a sweeping strategic partnership that pools their resources in “frontier areas” including AI, big data, 5G networks, and driverless cars. China Mobile, the largest wireless carrier in China, will also offer exclusive discounted data plans for 13 Baidu products, including Baidu’s core app, its iQiyi video streaming platform, and its Reddit-like PostBar social media network.

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

Advisors’ Opinion:

  • [By Rick Munarriz]

    Many Chinese growth stocks have started bouncing back, but the same can’t be said about NetEase (NASDAQ:NTES). The Chinese online gaming pioneer hit another 52-week low earlier this month, and it’s trading nearly 30% below the all-time highs it hit late last year. 

  • [By Dan Caplinger]

    Investors in NetEase (NASDAQ:NTES) have generally seen their company benefit from a strong environment in the Chinese video game industry. Impressive growth in revenue and profits in past years helped fuel impressive gains for NetEase shares, and the appetite for more from consumers in China and elsewhere has seemed insatiable. Yet in every growth stock’s experience, a company eventually starts to face challenges in sustaining growth, and the key question becomes what that company does to restart its growth engines.

  • [By Max Byerly]

    KAMES CAPITAL plc decreased its holdings in shares of NetEase (NASDAQ:NTES) by 68.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,800 shares of the technology company’s stock after selling 39,277 shares during the period. KAMES CAPITAL plc’s holdings in NetEase were worth $4,991,000 at the end of the most recent reporting period.

Top 5 China Stocks To Buy For 2019: Top Image Systems Ltd.(TISA)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Top Image Systems (TISA)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on Top Image Systems (TISA)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Money Morning Staff Reports]

    Before we get to our latest pick, here are last week’s top-performing penny stocks:

    Penny Stock Sector Current Share Price Last Week’s Gain
    Melinta Therapeutics Inc. (NASDAQ: MLNT) Healthcare $1.74 104.01%
    Pernix Therapeutics Holdings Inc. (NASDAQ: PTX) Healthcare $0.83 84.40%
    Top Image Systems Ltd. (NASDAQ: TISA) Healthcare $0.82 59.85%
    Jason Industries Inc. (NASDAQ: JASN) Healthcare $2.21 58.99%
    Maxwell Technologies Inc. (NASDAQ: MXWL) Financial $4.66 51.79%
    Marathon Patent Group Inc. (NASDAQ: MARA) Healthcare $0.52 51.47%
    Forward Pharma A/S (NASDAQ: FWP) Basic Materials $1.53 43.57%
    Dixie Group Inc. (NASDAQ: DXYN) Healthcare $1.40 42.86%
    Trevena Inc. (NASDAQ: TRVN) Services $1.41 39.60%
    Alliance MMA Inc. (NASDAQ: AMMA) Healthcare $4.95 36.18%

    Don’t Miss Out: The Treasury is sitting on an $11.1 billion cash pile, and a loophole entitles Americans to a sizable portion. Some are collecting $1,795, $3,000, or $5,000 every month thanks to this powerful investment…

Leave a Reply

Your email address will not be published. Required fields are marked *