A Chinese Growth Stock No One Is Paying Attention To
Investors in China know all the big names by now. Baidu (NASDAQ: BIDU) is the dominant search engine, Tencent (NASDAQOTH: TCEHY) seems to have its hand in everything, and JD (NASDAQ: JD) is the growing force for vertically integrated e-commerce.
On average, these three have a market cap of $215 billion, and 14 analysts covering them on a quarterly basis. Over the past three years, they have returned an average of 85%, handily beating the broader market. They also have high expectations baked in: JD and Tencent fetch multiples above 40.
Source: Fool.com