Tag Archives: bita

Top 5 IBD 50 Stalwarts, Newcomers In Turbulent Year

The IBD 50 list of top-rated stocks identifies new market leaders as well as veterans that continue to outperform the market. A comparison of stocks on the current IBD 50 vs. the list from a year ago pinpoints four stocks — Facebook, Noah Holdings, Spirit Airlines and Jazz Pharmaceuticals — that were on the IBD 50 in December 2013 and have continued to perform well. And new leader BitAuto Holdings (BITA), which wasn’t on the list a year ago, tops

5 IBD 50 Stocks That May Benefit From China Rate Cut

China’s surprise interest rate cut Friday could deliver a shot in the arm to flagging economic growth and top-performing Chinese stocks like Baidu and BitAuto. Today’s IBD 50 includes five Chinese Internet companies that are outperforming the market and in position to capitalize on the new monetary stimulus. BitAuto (BITA) is No. 1 on the IBD 50. China is the world’s largest auto market, and lower interest rates could further spur sales, providing

BitAuto Drives "Singles Day" Sales With New Website

Strong Q3 earnings, a successful Singles Day promotion and a new eBay-like service paid off big for Chinese auto information website BitAuto Holdings (BITA), which got price target hikes from two investment banks on Monday. BitAuto stock, however, was down nearly 4% in midday trading in the stock market today, near 89. BitAuto stock is 10% off its all-time high of 98.28, touched on Aug. 26, but the company again is No. 1 in the IBD 50 ranking of