| Stock (Symbol) | Stock Price | |
Qihoo 360 (QIHU) |
$27 |
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| Data is as of | Expected to Report | Sector |
November 12, 2012 |
Feb 19 |
Technology |
| Sharek’s Take | ||
 Quihoo 360 (QIHU) is breaking out today on the heals of some not-so-secret news. The WSJ had an article out on Friday talking about the company and some old news. Quihoo also announced a music search feature and an improved mapping service which will be great (Quihoo has Autonavi working on the project and Autonavi makes China’s best mapping app).I’m being forced into buying QIHU for the Growth Portfolio because the stock is breaking out today. Qihoo the company has a lot going for it. It’s getting into search ($), music and improving its mapping service. But this company has only 8-9% of the search market in China and shouldn’t be compared to Baidu (BIDU), which has a 60% share of the market. Still, I can’t risk passing on this stock and letting it double without being invested. |
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| One-Year Chart | ||
 This one-year chart shows a nice cup-and-handle being completed today. This chart is bullish. I also like the estimated Long Term Growth Rate of 52% compared to the P/E of only 25. The negatives are the Estimates. Negative growth is on tap. |
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| s Earnings Table | ||
 Profit growth was 25% last quarter but that’s not great considering sales growth was 76%.QIHU beat by 4 cents last quarter but this estimate was lowered by 4 cents earlier — that’s a wash. Annual Profit Estimates look mixed, but I do like that profit growth is expected to be 45% next year. Profit growth is set to be negative the next two quarters, then accelerate. Estimates have declined for two straight qtrs. |
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| Fair Value | ||
 I think this stock is Fairly Valued at 30 times earnings. I don”t have certainty in these numbers since Qihoo is diving into different things. |
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| .Ten-Year Chart | ||
 This stock is a recent IPO from March 2011. QIHU has been quite volatile. Last quarter the stock had issues that’s why I passed on buying lower. |
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| Power Ranking | Bottom Line | |
Growth Portfolio
10 of 17 |
I like QIHU but its not perfect. Issues include negative profit growth expected the next two quarters and declining earnings estimates. I feel as though I have to buy this stock or risk it taking off and leaving me behind. |
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Aggressive Growth Portfolio
N/A |
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