Chinese Internet stocks are having a rough time in 2018, but Baozun (BZUN) continues to post solid results. Perhaps its time for a comeback?
Baozun (BZUN) helps companies outside China set up shop and sell/distribute its products within China. Business is good — very good.
Baozun (BZUN) stock broke out on HUGE volume last qtr after the company beat profit estimates handily. But I’m concerned about something.
Baozun (BZUN) stock has doubled in the last year, but still carries a P/E of only 33 — with an Est. LTG of 69% a year! I think something’s holding this stock back.
Baozun (BZUN) is a Chinese Internet retailer that allows people and businesses to set up online stores. But BZUN just dropped on high volume. Is this time to sell?