Weibo Corp (ADR)
WB
Real-time BATS EXCHANGE - 08/17 10:31:53 pm
75.17USD
+1.46%

The underlying trend is in force again

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Anas Lozach
Analyst

Strategy published on : 02/09/2018 | 15:49

long trade
Target price hit

Entry price : 115.3$
Target : 138$
Stop-loss : 103.4$
Potential : 19.69%

Weibo Corp (ADR)'s shares display attractive technical aspects to anticipate a comeback of the underlying trend.
Investors have an opportunity to buy the stock and target the $ 138.

Summary

● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.


Strengths

● According to sales estimates from analysts polled by Thomson-Reuters, the company is among the best with regard to growth.

● Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.

● Thanks to a sound financial situation, the firm has significant leeway for investment.

● Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.

● Over the last twelve months, the sales forecast has been frequently revised upwards.

● For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.

● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.

● Analysts covering this company mostly recommend stock overweighting or purchase.

● The stock is in a well-established, long-term rising trend above the technical support level at 78.31 USD


Weaknesses

● Based on current prices, the company has particularly high valuation levels.

● With an expected P/E ratio at 78.32 and 47.33 respectively for both the current and next fiscal years, the company operates with high earnings multiples.

Zonebourse.com 2018
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