| Stock (Symbol) | Stock Price | |
Qihoo 360 (QIHU) |
$27 |
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| Data is as of | Expected to Report | Sector |
March 18, 2013 |
May 20 |
Technology |
| Sharek’s Take | ||
| I’m not as impressed with Quihoo 360 (QIHU) as I was last quarter. The Chinese company that provides Internet users with secutiry, music, browsing and search technology is doing good, but I was higher on the stock last quarter. To be frank, I would rather have a handfull of other stocks than this one, but I got into QIHU at a good price and its a rapidly growing growth stock that fits the mold so here it is in the Growth Portfolio. Quihoo got some headlines when it came out with a search engine, but not that’s old news. I think this stock is good, its just not doing much. | ||
| One-Year Chart | ||
 I bought into QIHU at $27 when it broke out, and then the stock ran up on partnership news with Google. Now the stock has reported earnings which beat the street, but EPS growht was only 10%. I love the Long Term Growth Rate of 43% but don’t love the fact I got in at $28 and the stock is around that now. |
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| Earnings Table | ||
 Revenue growth was great: 65%. Profit growth was meh at only 10%.Quihoo beat by 5 cents and has beaten the street soundly the last two quarters. Annual Profit Estimates fell a little bit. Now 27% growht is expected in 2013. Ho hum. Quarterly growth is sliding, yet looks solid later in 2013. The company is spending on mobile aps and advertising its mobile security platform. Profit margins should bottom this quarter, but profits are set to decline 29%. |
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| Fair Value | ||
 I think long-term this stock is worth 35 times earnings. I think QIHU gets back to $35 this year. |
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| Ten-Year Chart | ||
 This stock has been volitile since its IPO, even though profit growth has been good. |
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| Power Ranking | Bottom Line | |
Growth Portfolio
13 of 14 |
I’m not as impressed with Qihoo as I was last quarter. I just don’t feel any momentum here. Still, its a top growth stock and one that should be owned in growth portfolios. Just buy and hold? |
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Aggressive Growth Portfolio
N/A |
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