Two foreign names, Qiwi (QIWI) and Qihoo 360 Technology (QIHU), are among the four entrants to the list of elite stocks that make this week’s Young Guns. U.S. companies Alliance Data Systems (ADS) and HomeAway (AWAY), both based in Texas, complete the newbies list. IBD’s Young Guns Screen Of The Day features leading companies with high Composite Ratings that have gone public in the last 15 years. Younger companies can often grow at faster rates
Qihoo 360 Technology (QIHU) crushed Q3 earnings estimates as it gains more ground vs. Chinese search giant Baidu. But shares tumbled 9.5% Monday as some analysts said revenue growth should be beating analyst forecasts by a wider margin. Beijing-based Qihoo 360 (QIHU) said Sunday third-quarter earnings per share spiked 135% to 47 cents. Analysts saw 37 cents. Revenue leapt 125% to $187.9 million vs. views of $181.7 million, according to
Qihoo 360 Technology’s (QIHU) stock fell Monday after an analyst downgraded the company, saying the company’s revenue outlook disappointed. The Beijing-based maker of security software and a popular search engine in China late Sunday reported Q3 earnings that beat Wall Street expectations, however. EPS excluding items jumped 135% from the year-earlier quarter to 47 cents. Analysts expected 37 cents. Sales rose 124% to $187.9 million, vs. the