| Stock (Symbol) | Stock Price | |
Qihoo 360 (QIHU) |
$47 |
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| Data is as of | Expected to Report | Sector |
June 18, 2013 |
Aug 19 – Aug 23 |
Technology |
| Sharek’s Take | ||
 Shares of Qihoo are on fire. The company, which got its name from its internet broswer and internet security products, introduced a search engine last August. The search engine grabbed 10% of the Chinese market late last year and that share has ballooned to 15% this year. Management thinks it’s share will grow that to 20% by year end. Search is extremely profitable, and QIHU is now expected to grow profits from $0.80 last year to $2.84 by 2015. Also, profit growth is expected to be at least 50% in each of the next four quarters. There’s huge growth coming up for Qihoo 360. |
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| One-Year Chart | ||
 QIHU looks extended in this one-year chart. It would be tough to buy stock at this point. Profit growth was poor the last two quarters as the company spent to grow, but Estimates look great. The Est. Long Term Growth Rate of 45% is exceptional. |
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| Earnings Table | ||
 Last quarter, Qihoo saw revenue growth of 59%, profits dropepd 33% due to spending on mobile aps and advertising for its mobile security program.QIHU missed by a penny, but this didn’t slow the stock down. Annual Profit Estimates show profits could go from around $1 this year to maybe $3 two years from now. Quarterly growth looks great with at least 50% growth ahead. Management upped next quarter’s revenue estimate from $121 million to $143 million — big increase. The company did $73 million a year ago. |
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| Fair Value | ||
 QIHU has exceptional upside when you consider the 2014 estimate. Also, 45x the 2015 est. is a $128 Fair Value. |
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| Ten-Year Chart | ||
 This stock is really extended in the ten-year chart. But 2013 profits are expected to come in close to double 2011’s. |
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| Power Ranking | Bottom Line | |
Growth Portfolio
5 of 21 |
Qihoo’s search engine looks to be bringing in a motherload of profits. This stock is on fire and the strength is well deserved. But, QIHU is so hot investors might want to wait for it to cool down before getting in. |
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Aggressive Growth Portfolio
N/A |
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