This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Top 10 Emerging Markets Stocks in 2010

7. SINA (SINA - Get Report) is an online media company operating through five business lines, namely SINA.com, SINA Mobile, SINA Community, SINA.net and SINA E-Commerce.

On a year-to-date basis, the company surged 55.7% to touch 52-week highs in December. In comparison, counterparts like Sohu.com (SOHU - Get Report) and Google (GOOG - Get Report) gained 12.1% and lost 3.4%, respectively, on year-to-date basis.

For the third quarter, the company posted a 12% year-over-year increase in net revenue, riding on the strong performance of online advertising. During the first three quarters of 2010, SINA ranked third in the online advertising market in China, with an 8.6% share, behind Baidu and Google. During November 2010, Microsoft announced a joint venture with SINA linking its instant messaging service and China's biggest microblogging service. The integration will include migration of Microsoft's blogging service and Windows Live Spaces to Sina's blogging service. This alliance is a part of Microsoft's global move to exit from the blogging business

Looking ahead, the company is likely to gain with the launch of the highly popular microblog service in 2011. Weibo, a microblog similar to Twitter, which allows users to follow other users and view their posts, is likely to launch in 2011. Charles Chao, SINA's chief executive, said the overall advertising market is strong and fourth-quarter guidance relates to only some sectors and does not reflect the overall market. For the fourth quarter, SINA estimates revenues between $103 million and $106 million.
5 of 11

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
ABV $0.00 0.00%
ZNH $31.90 0.00%
BP $33.26 0.00%
BIDU $152.13 0.00%
CNTY $5.65 0.00%

Markets

Chart of I:DJI
DOW 16,643.01 -11.76 -0.07%
S&P 500 1,988.87 +1.21 0.06%
NASDAQ 4,828.3250 +15.6170 0.32%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs