Best China Stocks To Invest In Right Now

tags:BIDU,CDTI,ATAI,SINA,

U.S. equities are moving powerfully higher on Monday, with the major large-cap indices testing recent record highs, after the United States reached a new trade deal with Mexico and Canada. Effectively “NAFTA 2.0”, the deal, which carries the moniker USMCA, will solve deficiencies in the original NAFTA deal and open new markets for U.S. farmers and manufacturers … at least according to President Trump.

Stocks are cheering the news, as it’s one of the first indications Trump’s aggressive trade tactics are starting to produce results instead of just escalation, as in the case with the ongoing tensions with China.

Investors are cheering the removal of a major source of policy uncertainty and are raising their hopes that previously imposed steel and aluminum tariffs will be rolled back to the benefit of manufacturers. As a result, a number of large-cap names are pushing to new highs. With that in mind, here are seven stocks to buy now:

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Best China Stocks To Invest In Right Now: Baidu Inc.(BIDU)

Advisors' Opinion:

• [By Leo Sun]

  Shares of Baidu (NASDAQ:BIDU) tumbled 8% on Aug. 1 following a report that Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google could reenter China with a censored search engine. Online news publication The Intercept, citing "confidential" documents from an anonymous source at Google, claims that the company will launch a new search engine to "blacklist websites and search terms about human rights, democracy, religion, and peaceful protest."

• [By Motley Fool Staff]

  In this segment from the Motley Fool Money podcast, host Chris Hill and senior Motley Fool analysts Jason Moser, Matt Argersinger, and Ron Gross ponder a pair of troubled tech players. First, they look at Baidu (NASDAQ:BIDU), which reported a massive quarterly profit beat that gave its shares a brief bounce last week.

• [By Douglas A. McIntyre]

  Alphabet Inc. (NASDAQ: GOOGL) has struggled to get mainstream search engine status in China. Stymied by the government and local search engine company Baidu Inc. (NASDAQ: BIDU), it has never made real progress. Its latest move is to buy into China’s online market.

• [By Rick Munarriz]

  Sogou is a distant silver medalist to Baidu (NASDAQ:BIDU) in the realm of Chinese search engines, but there's plenty of paid search revenue and user query requests to go around. Baidu has been one of the market's biggest winners since going public -- a juicy 85-bagger since hitting the market at a split-adjusted $2.70 per share 13 years ago.

• [By Steve Symington, John Bromels, and Keith Noonan]

  So, we asked three top Motley Fool contributors to each discuss a stock that they believe is absurdly cheap right now. Read on to learn what they had to say about JD.com (NASDAQ:JD), Apache Corporation (NYSE:APA), and Baidu (NASDAQ:BIDU).

Best China Stocks To Invest In Right Now: Clean Diesel Technologies Inc.(CDTI)

Advisors' Opinion:

• [By Logan Wallace]

  Shares of CDTi Advanced Materials Inc (NASDAQ:CDTI) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $0.33 and last traded at $0.36, with a volume of 500 shares trading hands. The stock had previously closed at $0.36.

• [By Stephan Byrd]

  Here are some of the media stories that may have impacted Accern Sentiment’s analysis:

  Get Molecular Templates alerts: Trading Center: Watching the Levels for Molecular Templates, Inc. (:MTEM): Move of 0.02 Since the Open (stocknewscaller.com) Molecular Templates (MTEM) Announces Clinical Data at 2018 ASCO Meeting (streetinsider.com) Gallbladder Cancer Treatment Sales Market Size by Players, Regions, Type, Application and Forecast to 2025 (exclusivereportage.com) ATR in spotlight EnSync, Inc. (NYSE:ESNC), CDTi Advanced Materials, Inc. (NASDAQ:CDTI), Molecular Templates, Inc … (stocksnewspoint.com)

  MTEM has been the subject of several research analyst reports. ValuEngine lowered shares of Molecular Templates from a “hold” rating to a “sell” rating in a research report on Thursday, March 1st. Zacks Investment Research raised shares of Molecular Templates from a “sell” rating to a “hold” rating in a research report on Thursday, June 7th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $5.20.

Best China Stocks To Invest In Right Now: ATA Inc.(ATAI)

Advisors' Opinion:

• [By Paul Ausick]

  ATA Inc. (NASDAQ: ATAI) traded down about 14% Monday to set a new 52-week low of $0.82, based on revalued shares that closed at $0.72 on Friday but traded up about 250% on Monday at $2.53. Volume was more than 200 times the daily average of around 42,000. You’re on your own here to figure this one out.

Best China Stocks To Invest In Right Now: Sina Corporation(SINA)

Advisors' Opinion:

• [By Leo Sun, Jamal Carnette, CFA, and Nicholas Rossolillo]

  Leo Sun (SINA): Many Chinese tech stocks were crushed over the past year by decelerating growth forecasts and escalating trade tensions between the U.S. and China. However, that sell-off also reduced the valuations of some solid growth stocks to value-stock levels.

• [By Leo Sun]

  During the same period, Tencent's share fell from 54.3% to 47.7%. Most of Toutiao's gains were made at Tencent's expense, since other apps from Baidu, Alibaba, and SINA (NASDAQ: SINA) didn't experience major year-over-year shifts. 

• [By Leo Sun, Chuck Saletta, and Jordan Wathen]

  Leo Sun (SINA): SINA is one of China's oldest internet companies, and it owns a network of portal sites and a controlling stake in Weibo, which it spun off back in 2014. SINA still generated nearly 80% of its sales from Weibo last quarter.

• [By Ethan Ryder]

  Get a free copy of the Zacks research report on SINA (SINA)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Steve Symington]

  You wouldn't know it by the market's knee-jerk reaction, but SINA Corp. (NASDAQ:SINA) just announced another stronger-than-expected quarter early Wednesday. Shares of the Chinese internet media company fell 10% when all was said and done today -- though it's not the first time we've seen the stock fall on positive news.