Categorie: Equities
Submitted 10 months ago by
Dmartel
, Free Lance Writer
at Affordable Web Design and Marketing
Baidu.com (Nasdaq: BIDU) has been a security we don’t hear much about here in the US, though they are the dominant search engine company in China, dominating even Google Inc. (Nasdaq: GOOG). BIDU has consistently outpaced the S & P and seemed to be one of the few stocks that wasn’t affected by the bleeding out on Wall Street last week. What’s even more impressive is if you review their sales for the last four quarters. In December of 2006, the company sales were 36.47 million with cost of sales being 7.90 million. Sales in September of 07 jumped to an impressive 66.14 million (cost to 24.07 million). The gross operating profit has been impressive as well, 27.56 million in December of 2006 versus 42.07 million in September of 07. This is a company that as of September had no long or short term debt, total liabilities of less than 74 million and total capitalization of 238.16 million. Their growth rate has been staggering, nearly 300% per share over 3 years and more than 500% during the last year. Their revenue growth is also impressive, more than 150% th...
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Submitted 10 months ago by
Dmartel
, Free Lance Writer
at Affordable Web Design and Marketing
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