Wall Street has been increasingly hard on companies that fail to beat analyst estimates, and even on companies that don’t beat earnings forecasts by enough. IBD’s Screen of the Day, Estimate Beaters, takes a look at four top Internet companies whose recent view-topping results have kept investors happy: Amazon (AMZN), LinkedIn (LNKD), Ctrip (CTRP), and Weibo (WB). (A fifth Internet on the Earnings Beaters screen, Wayfair (W), was scheduled to
The relative strength line pits a stock’s performance against the benchmark S&P 500, and a stock with a rapidly rising RS line is one to keep an eye on. Two companies that continue to outpace the market, MSCI (MSCI) and Ctrip.com International (CTRP), are featured on IBD’s Bolting RS Lines Screen of the Day. MSCI, a supplier of analytical tools for institutional investors, said Monday that it will add American Depositary Receipts — i.e. China
Ctrip.com International (CTRP) stock rose Friday following an analyst report saying that China’s dominant online travel firm could be nicked by a slight dip in air travel in Q3, but a strong showing in packaged tour travel should offset that decline. “Considering our recent industry checks and the strong leisure travel market during the summer and the October National Day holiday, we believe online travel agencies in China so far haven’t really