Today’s Screen of the Day is Top Fundamentals: Stocks with superior three-year earnings and sales growth. Here’s a look at two “comeback stories” in the group. After falling well off its high,Alibaba (BABA) is getting closer to retaking its 50-day line, which just started showing up on its chart less than two months ago. The e-commerce giant and fellow Chinese Internet company Tencent (TCEHY) have had an ongoing battle to expand their reach over
BitAuto stock rose for a sixth straight session, climbing Friday on news that the Chinese car information website operator will receive $1.3 billion from No. 2 China online retailer JD.com and China Web giant Tencent Holdings. Tencent (TCEHY) — best known for communications app WeChat — and JD.com (JD) also will invest a combined $250 million in BitAuto’s e-commerce auto-financing unit, YiXin Capital. Tencent owns a 15%
BitAuto (BITA) stock rose for a sixth consecutive trading day Friday on news that the Chinese car information website operator would receive $1.3 billion from No. 2 China e-tailer JD.com and China Web giant Tencent. Tencent (TCEHY) — best known for its communications app WeChat — and JD.com will also invest a combined $250 million in BitAuto’s e-commerce auto financing unit, YiXin Capital. BitAuto was up 7% in midday trading in the stock market