3 Incredibly Cheap Chinese Internet Stocks
It may not be fashionable to buy international tech stocks these days, and that's painfully true when it comes to the former highfliers out of China. The world's most populous nation has produced some of the brightest dot-com darlings over the past decade, but the enthusiasm has been waning as China's slowing economy and escalating trade tensions weigh on investor interest and company fundamentals.
Baidu (NASDAQ: BIDU), Momo (NASDAQ: MOMO), and Vipshop (NYSE: VIPS) are among the once-scorching Chinese internet investments that have grown cold lately. It doesn't have to end this way. There are catalysts on the horizon that could lift all three of these out-of-favor stocks back up, and if the growth investors don't want them, the value investors will have to do.
Image source: Vipshop Holdings.
Source Fool.com
