Cabot's Goodwin Featured on MSN Money New Investor Center

Cabot China & Emerging Markets Report Editor Paul Goodwin is featured in MSN Money's New Investor Center, as one of 10 experts offering stock ideas for investors who want to build a portfolio of stable, solid stocks. Goodwin's recommendation is China's giant Internet company, Baidu (BIDU).

Excerpt from Money Central on MSN.com:
The 10 Stocks You Should Buy First

By Michael Brush
MSN Money, March 4, 2010

Invest in long-wave trends

Ideally, you want to put your money in front of long-term trends. There may be setbacks, but the rolling social or economic change will push your stock higher.

A great example is emerging-market growth. Countries like China and India have so far to go just to catch up with the developed world in terms of growth, productivity and living standards that, in the long run, stocks in solid companies exposed to this trend should go much higher.

The Chinese search-engine company Baidu (BIDU, news, msgs) offers a great way to play the hottest emerging market right now, believes Paul Goodwin, the editor of the Cabot China & Emerging Markets Report.

Baidu has 60% of China's Internet search market, compared with 30% for Google (GOOG, news, msgs), and should continue to because Google faces big challenges in China, including its continuing fight with government. Plus it doesn't understand Chinese-language search as well as Baidu, Goodwin says.

Baidu's growth potential is enormous because the Internet still reaches only 20% of homes in China. There's also plenty of room for more institutional investors to take positions in Baidu, which would drive the stock higher. Baidu has only about 200 institutional investors, compared with about 900 for Google.


Baidu (BIDU)
Baidu Campus No 10 Shangdi 10th Street
Haidian District
Beijing, 100085 China
86 10 5992 8888
http://www.baidu.com

Details:
Index Membership: Nasdaq 100
Sector: Technology
Industry: Internet Information Providers
Full Time Employees: N/A
 

Link to full article on Money Central on MSN.com.

More News about Cabot
More information on Cabot China & Emerging Markets Report
Cabot Home
Sign up for free Cabot Wealth Advisory e-newsletter


Headline News

Stock Picks

Tesla Motors

If Tesla ever begins to cut back on development and innovation costs, earnings will soar.

Alibaba

China seems to be raising up its very own version of Amazon in Alibaba (BABA.

Facebook

Roy Ward uses the PEG ratio to determine if the stock is undervalued or overvalued.

Cabot Wealth Advisory

What Fed Speeches Mean for the Stock Market Today

By Chloe Lutts Jensen on September 29, 2016

Four Fed presidents gave speeches yesterday, and every word was digested by the stock market in an attempt to better predict the Fed’s next move. With odds of a December rate hike now about even, how should stock investors prepare?Read More >

The Emerging Market Stock You Ought to Own

By Paul Goodwin on September 27, 2016

The company I’m talking about (the one that you probably don’t own) is the largest Chinese instant messaging company. It is a giant in its own right, with a market cap of $262 billion and annual sales of over $19 billion. The company grew revenue by 28% in 2015 and routinely boasts after-tax profit margins over 30%.Read More >

Tesla Model 3 vs. Chevy Bolt: Which Affordable Electric Car Is Better?

By Timothy Lutts on September 26, 2016

The Tesla Model 3 and Chevy Bolt are the first two affordable electric cars with a driving range of more than 200 miles. Let’s see how they stack up - and what they could mean to Tesla Motors (TSLA) and General Motors (GM) stock. Read More >