Investing
TSC Power Stocks Rankings: April 29
04/29/08 - 08:16 AM EDT
9. BaiduBIDU: -- How do you say "rocket ship" in Mandarin? I mean seriously ... Holy B-I-D-U!!! Did anybody catch that 80% up move in a little over a month? A run like that would be a stellar return for a decade, let alone for a few weeks. To add to the fire, the company reported great numbers last week and is entering its strongest seasonal period. BIDU shares are easily the strongest trading of the stocks I follow. And believe it or not, they're still cheap on a growth valuation basis, trading at 50 times forward EPS while growing revenue at a 108% clip and earnings at a 72% rate. So I cannot in good conscience recommend buying any stock up so much so fast. I like BIDU a lot, but we need to wait on a pullback to get in. -- HOLD
10. EMCEMC: Simple formula here for EMC call. VMWareVMW with good earnings last week plus EMC with good earnings last week equals a stock you should buy. Remember, EMC owns 86% of the outstanding shares of VMW. -- BUY
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