Thread: Money Investing megathread extravaganza
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Old 06-14-2018, 07:44 PM   #1983
Hog's Gone Fishin Hog's Gone Fishin is offline
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Join Date: Nov 2001
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https://investorplace.com/2018/06/sh...hinese-stocks/


The second largest search engine in China isn’t a bad call either.

While many investors wouldn’t bet on the No. 2 search engine in the U.S. — instead opting for Alphabet Inc (NASDAQ:GOOG, NASDAQ:GOOGL) — SOGO has solid potential too. Remember, China is much larger than the U.S.

Sogou has plenty of cash in the bank and no debt. It’s growing sales by more than 40% this year and is expected to grow them by more than 30% next year. Although these estimates may prove to be conservative. Sogou is also profitable.

Now back at its IPO price, SOGO is recovering nicely from its 2018 spill. The nice thing about Sogou stock? Its levels are easy to decipher. Be it $10, $11, $12, $13 (IPO), $14 (its closing highs) and $14.50 (its all-time highs). Just follow the path.
Last edited by Hog's Gone Fishin; 06-14-2018 at 08:10 PM..
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