China's Internet Stocks Continue to Rocket Higher

China's Internet Stocks Continue to Rocket Higher

The last year has been a great one to be an investor. Over the previous twelve months, the broader market has gained more than 10%, while tech stocks have increased more than 20%. As impressive as those gains might be, there is a group of internet giants that have vastly outperformed the market, enriching investors in the process.

While investors may be tempted to stick close to home, you might be surprised to learn that while stocks representing the U.S. online space have surged, those that operate in China have rocketed even higher. These three companies, search leader Baidu, Inc. (NASDAQ: BIDU), e-commerce giant Alibaba (NYSE: BABA), and social media titan Tencent (NASDAQOTH: TCEHY) may not be household names in the U.S., but they offer investors the opportunity to tap into the largest online population in the world.

The online industry in China is booming. Image source: Getty Images.

Continue reading

Source: Fool.com