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Baidu Set For 20% Growth After iQIYI Spinoff, Bernstein Says In Upgrade
Friday, May 11, 2018 - 9:40am | 441Chinese search engine Baidu Inc (ADR) (NASDAQ: BIDU) reported forecast-beating first-quarter earnings last month and issued upbeat projections for its second quarter. Later, the company announced plans to divest its financial services business. The Analyst Bernstein analyst Bhavtosh Vajpayee...
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Analyst: There's More To The Vipshop Rally Than Hope
Tuesday, January 16, 2018 - 5:48pm | 472One analyst is impressed with the remarkable recovery in shares of Chinese e-commerce company Vipshop Holdings Ltd – ADR (NYSE: VIPS) since early December. The Analyst Bernstein analyst Bhavtosh Vajpayee upgraded shares of Vipshop from Underperform to Outperform and increased his...
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A Few Things Even The Tesla Bulls Still Worry About
Monday, October 9, 2017 - 2:39pm | 788Bernstein in a note released Monday delved on the disruptive potential of Tesla Inc (NASDAQ: TSLA). The firm is also very bullish on the long-term growth of the market for electric vehicles, which Tesla pioneered. That said, the firm expressed uneasiness over the stock's stellar run up, its...
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Online Video Remains Primary Influencing Factor In Alibaba Estimates For Next 6 Quarters
Thursday, March 30, 2017 - 11:48am | 389While Alibaba Group Holding Ltd (NYSE: BABA)'s core commerce business is likely to remain steady and online video could continue to be the main “influencing factor” in the estimates for the next six quarters, Bernstein’s Bhavtosh Vajpayee said in a report. He added, however, that...
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Bernstein Starts Chinese Internet Names: Most Initiated At Underperform
Wednesday, January 11, 2017 - 12:19pm | 666Bernstein Research initiated seven key Chinese internet stocks traded on American exchanges Wednesday, pegging the sector as a whole as Underweight and telling investors the issues unique to China’s internet users aren’t fully understood by the market. Of seven key Chinese internet...