BMR Updates Outlook on Chinese Internet and Telecom Stocks

PRINCETON, N.J., Oct. 20 /PRNewswire/ -- The Bull Market Report (BMR) (http://www.bullmarket.com), an online investment newsletter focused on long-term growth and income-generating stocks, has provided subscribers with updated coverage of several Chinese Internet and telecom stocks, including Baidu (Nasdaq: BIDU), Sina (Nasdaq: SINA), Sohu (Nasdaq: SOHU),China Mobile (NYSE: CHL), China Unicom (NYSE: CHU), and China Telecom (NYSE: CHA).

In addition to its daily newsletter and Recommended List of stocks, BMR publishes six earnings previews each quarter and several special reports each year. Its annual "High Yield" special report comes out before the new year, while its MLP special report comes out mid-year.

As a subscriber, you'll also gain access to our Recommended List of stocks, which was up 40% in 2009 and also outperformed the S&P by 15% in 2008. Through the end of September 2010, the Recommended List was once again beating the S&P, up 9.4% year to date.

Start your 14-day free trial today:

https://www.bullmarket.com/subscribe/pr/?refer=BMR124P

In its daily report, BMR wrote: "Chinese search giant Baidu faces some new competition in the form of a partnership between Alibaba Group, the China-based electronics and e-commerce company, and Microsoft. As reported earlier, the latter two teamed up to launch a beta version of a new Chinese-language search engine called Etao that is supposed to drive traffic to Alibaba's Taobao.com e-commerce site.

"The question for investors is to what extent this new search site poses a threat to Baidu's dominant position in the Sino-search market. Baidu, after all, has largely been able to shrug off competition from Google, which dominates Internet search in the West and has clashed with Beijing over censorship of its results. If anything, Baidu has grown its market share over the year after Google opted to move its Chinese website to servers in Hong Kong, where it can operate more freely."

BMR looked at the following topics, among others:

-- Can Baidu continue its strong momentum in the Chinese search market? What price range does BMR think the stock could reach? Which is the better investment, Baidu or Google?

-- How is Sina like the Twitter of China? What is the biggest potential growth driver for the stock?

-- Trading at about 10x its estimated 2011 earnings after netting out its nearly $16 per share in cash, is Sohu a value or a value trap?

-- Which beaten down U.S. stock could be a good backdoor play into one of China's hottest Internet companies?

-- Which Chinese mobile stock does BMR think is most attractive: the market leader China Mobile; China Unicom, the sole provider of the iPhone in China; or the smaller China Telecom.

About BMR:

Launched in 1997, The Bull Market Report has a strong track record of creating wealth for its subscribers by providing sound, long-term investing advice. BMR's Recommended List includes about 50 companies across all major industries, including Financials, Healthcare, Energy, Technology, and Retail, among others. BMR is one of the oldest continuously published investment newsletters online, and its Recommended List has consistently outperformed the major market indices.

NOTE: This release was published by Indie Research Advisors, LLC, a registered investment advisor with CRD #131926. Interested parties may visit adviserinfo.sec.gov for additional information. Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

SOURCE Indie Research Advisors, LLC

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED