Buying Dips in Best in Class Chinese Internet Names


Baidu ( BIDU , quote ) rallies 3% off the 200mda after major pullback across the board in Chinese internet space. china map flag Alibaba valuation talk coming in better than depressed valuation levels of last week, and KING IPO was a disaster for broader gaming and internet stocks.

Tencent ( TCEHY , quote ) offers interesting entry levels here with a stop 5% below market near $65.

Naspers ( NPSNY , quote ) is one of our favorite companies to get broader exposure to the EM internet space as they own significant pieces of Tencent, Russia's Mail.Ru and a number of smaller classified ad companies in Africa. sg2014033140866

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

This article appears in: Investing , International , Stocks

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