US Nasdaq stock alert

USA

CLOSING UPDATE: Baidu hits 52-week high tenth time in one month 17 October 2017 17:54 EDT

NEWS BITES - NORTH AMERICA

This is an end of day Alert, produced after today's NASDAQ market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Baidu, NASDAQ's 3rd largest internet company by market capitalisation, hit a 52-week high of $US274.97 today for the tenth time in the past one month and last traded at $US270.32. Trading volume was 76% of average at the end of the day. Compared with the NASDAQ-100 Index which rose 8.1 points (or 0.1%) in the day, this represented a relative price change of -1.0%.

Technical indicators complementing today's significant uptrend:

+ The positive 9.39 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The stock has outperformed 92% of the NASDAQ market over the past 6 months.

+ In the last one month the stock has hit a new 52-week high ten times and in the last three months twenty-two times, pointing to a significant uptrend.

+ The price lifted 3.0% in the last week and soared 13.1% in the last month.

+ The present value of USD1,000 invested one year ago is $US1,543 [vs $US1,277 for the NASDAQ-100 Index].

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

+ Price/Earnings of 5.9 [19.5]

+ Return on Equity 12.6% [8.3%]

Other Bullish Signals include:

+ The company is cash rich with Cash to Market Capitalisation at 15.4%.

+ Interest cover is less leveraged at 13.5 times.

+ Net profit margin has averaged 30.1% in the last 3 years. This is considered superior and suggests a high margin of safety.

+ As per the Du Pont analysis, Return on Equity of 12.6% is better than sector average of 8.3%.

Note

Bearish Signals:

Tobin's Q Ratio is 2.8. Compared with the rest of the market the stock is overvalued and ranks in the bottom quartile of stocks by value of Q Ratio.

Overbought/Bearish:

The 1.7% discount to 12-month high of $US274.97 against the 69.4% premium to 12-month low of $US159.54 suggests the climb might be peaking.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

Price/Sales of 6.7 [3.7]

Price to Book of 7 [2.9]

Return on Assets 6.4% [9.8%]

Return on Capital Employed 11.5% [13.4%]

TODAY'S ALERTS

Afternoon Alert: Baidu hits 52-week high tenth time in one month

17 October 2017 13:27 EDT

Baidu, Inc. (NASDAQ:BIDU) hit a 52-week high of $US274.97 today for the tenth time in the past one month and last traded at $US270.98. Trading volume was 1.1 times average so far today.

Morning Alert: Baidu hits 52-week high tenth time in one month

17 October 2017 11:07 EDT

Baidu, Inc. (NASDAQ:BIDU) hit a 52-week high of $US274.97 today for the tenth time in the past one month and last traded at $US272.36. Trading volume was 1.2 times average so far today.

RECENT ALERTS

CLOSING UPDATE: Baidu continues significant uptrend, increases further 1.2%

16 October 2017 17:54 EDT

Baidu, NASDAQ's 3rd largest internet company by market capitalisation, continued its significant uptrend and lifted $US10.14 (or 3.9%) to trade at $US272.82 today. Compared with the NASDAQ-100 Index which rose 22.1 points (or 0.4%) in the day, this represented a relative price increase of 3.5%.

Afternoon Alert: Baidu continues significant uptrend, lifts 2.6%

16 October 2017 13:27 EDT

Baidu, Inc. (NASDAQ:BIDU) continued its significant uptrend and lifted $US6.77 (or 2.6%) to trade at $US269.45 today.

Baidu, Inc. (O:BIDU)

ISIN: US0567521085

PermID: 5036392074

CIK: 1329099

CUSIP: 056752108

Source: www.BuySellSignals.com