Speed kills. It’s a truism for professional athletes, broadband options — and hot stocks. IBD’s Young Guns Screen of the Day selects top stocks that have gone public in the last 15 years. The six Internet companies on today’s screen all boast revenue growth above 50% with strong profit gains. BitAuto (BITA) is in the middle of one of China’s many sweet spots. It’s a Chinese auto information site, serving the world’s largest auto and Internet
With the market in a confirmed uptrend, it’s time to take a hard look at highly-rated stocks on the move. IBD’s Screen Of The Day is Bolting RS Lines — stocks such as BitAuto (BITA) — whose stock price’s relative strength is surging vs. the S&P 500 index. The screen includes five companies that mutual funds, insurance and pension funds are rapidly accumulating. Here are the top five stocks with rapidly rising RS lines that have an excellent
Shares of Autohome (ATHM) and BitAuto (BITA), China’s leading auto web sites, lost power for the second straight day Thursday. After falling more than 4% on Wednesday, Autohome was down nearly 9% Thursday afternoon. BitAuto was off 1% on the stock market today, after a nearly 5% drop Wednesday. Hong Kong-based analyst You Na of ICBCI said that high valuations and inflated expectations for used cars and new initiatives in e-commerce are likely