Today’s Research Report Coverage on Baidu and Three Additional Internet Stocks
Stock Research Monitor: WUBA, AKAM, and GOOG
LONDON, UK / ACCESSWIRE / May 9, 2018 / If you want a free Stock Review on BIDU sign up now at www.wallstequities.com/registration. This morning, WallStEquities.com monitors 58.com Inc., Akamai Technologies Inc., Alphabet Inc. (NASDAQ: GOOG), and Baidu Inc. (NASDAQ: BIDU). These companies operate in the Internet Information Providers industry, which provides not only information but also interactive services, allowing people to purchase goods, make reservations, and apply to offers on good or services directly online. All you have to do is sign up today for this free limited time offer by clicking the link below.
www.wallstequities.com/registration
58.com
On Tuesday, shares in Beijing, China headquartered 58.com Inc. recorded a trading volume of 467,576 shares. The stock ended the session 0.80% lower at $88.29. The Company’s shares have gained 13.82% in the last month, 20.75% over the previous three months, and 109.42% over the past year. The stock is trading 8.94% above its 50-day moving average and 23.65% above its 200-day moving average. Moreover, shares of 58.com, which operates online classifieds and listing platforms that enable local merchants and consumers to connect, share information, and conduct business in China, have a Relative Strength Index (RSI) of 60.55. Get the full research report on WUBA for free by clicking below at:
www.wallstequities.com/registration/?symbol=WUBA
Akamai Technologies
Cambridge, Massachusetts headquartered Akamai Technologies Inc.’s stock closed the day 0.77% higher at $73.68 with a total trading volume of 1.42 million shares. The Company’s shares have advanced 4.57% in the past month, 15.72% in the previous three months, and 46.86% over the past year. The stock is trading 3.05% and 24.33% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Akamai Technologies, which provides cloud services for delivering, optimizing, and securing content and business applications over the Internet in the US and internationally, have an RSI of 56.85.
On April 30th, 2018, Akamai Technologies reported its Q1 2018 financial results. Revenue for the quarter was $669 million, GAAP income from operations was $69 million, GAAP net income was $54 million, and adjusted EBITDA was $256 million. Cash, cash equivalents, and marketable securities was $1.3 billion as of March 31st, 2018. Free research on AKAM can be accessed at:
www.wallstequities.com/registration/?symbol=AKAM
Alphabet
Mountain View, California headquartered Shares in Alphabet Inc. recorded a trading volume of 1.22 million shares. The stock ended yesterday’s trading session 0.08% lower at $1,053.91. The Company’s shares have advanced 3.79% in the past month and 12.80% over the past year. The stock is trading above its 200-day moving average by 2.87%. Furthermore, shares of Alphabet, which through its subsidiaries, provides online advertising services in the US and internationally, have an RSI of 49.75. Visit WallStEquities.com now and sign up for the free research on GOOG at:
www.wallstequities.com/registration/?symbol=GOOG
Baidu
Beijing, China headquartered Baidu Inc.’s stock finished Tuesday’s session 3.62% higher at $263.09. A total volume of 3.60 million shares was traded, which was above their three months average volume of 2.99 million shares. The Company’s shares have advanced 17.28% in the last month, 15.00% over the previous three months, and 48.24% over the past year. The stock is trading above its 50-day and 200-day moving averages by 8.54% and 9.88%, respectively. Additionally, shares of Baidu, which provides Internet search services in China and internationally, have an RSI of 68.79.
On April 28th, 2018, Baidu announced that its Chairman and CEO Robin Li and his wife Melissa Ma, together with the Company, jointly donated RMB 660 million to Peking University. The donation commemorates the 120th Anniversary of the institution and marks the establishment of the “Peking University Baidu Fund”.
On May 08th, 2018, research firm Goldman resumed its ‘Buy’ rating on the Company’s stock. The free technical report on BIDU is available at:
www.wallstequities.com/registration/?symbol=BIDU
Wall St. Equities:
Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
WSE has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third-party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@wallstequities.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
https://wallstequities.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you’re a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@wallstequities.com
Phone number: 21 32 044 483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE: Wall St. Equities
ReleaseID: 499094