SOHU (SOHU) Stock Profile
Some reasons why the China internet stocks like SOHU (SOHU) and Netease (NTES)
have done so
well this year is based on their Sales and Earnings Growth along with being in a
strong performing Industry Group.
The chart below shows how SOHU's Sales and Earnings Growth really
increased substantially from 2002 into 2003 as compared to 2001 into the early
part of 2002.
In addition note the Relative Group Strength of the Internet-Services sector over the past year as well in which the Group Strength has
been hovering around 99. Also note the Internet-Services stocks have
been up 162% as a group during the past year.
INDUSTRY |
CURRENT |
1
Month |
3
Months |
6
Months |
1
Year |
One
Week |
Total
Return |
GROUP |
RANK |
Ago |
Ago |
Ago |
Ago |
Change |
since 1/1/03 |
Internet-Services |
99 |
99 |
99 |
99 |
99 |
9.1% |
161.9% |
Meanwhile SOHU (SOHU) has
been one of the leaders in the Internet-Services sector as it has done very well stock price
wise over the past year. As you can see below SOHU broke out of a
favorable Cup and Handle (H) pattern in April of 2003 accompanied by strong volume
and gained over 270% from April through July of 2003.
Remember when looking for stocks to invest in focus on
those with the following:
1. Increasing Sales and Earnings Growth
2. Reside in a strong performing Industry Group
3. Are exhibiting a favorable chart pattern such as the "Cup and
Handle" before breaking out.
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