Today’s Screen of the Day is Top Fundamentals. Big market winners can show a history of robust earnings and sales increases before big price moves. Let’s focus on two Chinese e-commerce stocks that made the list: Vipshop (VIPS) and Autohome (ATHM). Online flash sales site Vipshop recently reached a profit-taking zone and is trading near highs. In contrast, Chinese e-commerce giant Alibaba (BABA) is in an extended downtrend, trading 31% off of its
Vipshop Holdings (VIPS) plunged as much as 13% in the stock market today after the Chinese online flash seller of apparel gave guidance for the current quarter that disappointed. The company’s Q3 EPS and sales handily beat analyst expectations, but its revenue outlook for the current quarter was merely in line, whereas some investors and analysts expected more upside. JG Capital analyst Henry Guo, in a research note Wednesday, said the sell-off
Vipshop Holdings late Tuesday posted Q3 EPS and sales that more than doubled year-earlier figures and beat expectations, but its Q4 revenue guidance was merely in line and shares fell late. Vipshop (VIPS) stock has nearly tripled this year and expectations were high heading into the Q3 report. In after-hours trading, Vipshop stock was down 6% after first rising 2% after results were released. Investors may have expected a bigger beat and higher