Warren Buffett famously told investors to be “fearful when others are greedy, and greedy when others are fearful.” Dedicated followers of that mantra would probably dismiss Chinese online media giant SINA (NASDAQ:SINA) — which rallied 120% over the past 12 months to a six-year high — as a “greedy” play.
However, a stock also generally hits new highs because the company has thoroughly impressed investors. In SINA’s case, it’s because the tech giant has beaten both top and bottom line estimates for ten consecutive quarters — and could continue doing so for the foreseeable future. Therefore, I believe that it makes sense to “get greedy” with SINA today, before more investors fully understand its growth potential.
SINA’s English portal. Image source: Author’s screenshot.
What does SINA do?
SINA is oneof China’s biggest internet portals. Its network includes dozens of news channels for sports, finance, entertainment, travel, fashion, and other topics — in both desktop and mobile formats.
Hot Stocks To Invest In 2018: Consolidated Communications Holdings Inc.(CNSL)
Advisors’ Opinion:
- [By Lisa Levin]
In trading on Thursday, telecommunications services shares fell by 0.96 percent. Meanwhile, top losers in the sector included Consolidated Communications Holdings Inc (NASDAQ: CNSL), down 7 percent, and Internet Gold Golden Lines Ltd (NASDAQ: IGLD), down 6 percent.
- [By Lisa Levin]
Wednesday afternoon, the telecommunications services sector proved to be a source of strength for the market. Leading the sector was strength from Consolidated Communications Holdings Inc (NASDAQ: CNSL) and Telecom Argentina SA (ADR) (NYSE: TEO).
Hot Stocks To Invest In 2018: Tsakos Energy Navigation Ltd(TNP)
Advisors’ Opinion:
- [By John Stevens]
Tsakos Energy Navigation Limited (TNP) is a Greek tanker company founded in 1993 that provides international seaborne crude oil and petroleum product transportation services worldwide. It offers marine transportation services to national, major, and other independent oil companies and refiners under long, medium, and short-term charters.
As of April 5, 2016, it operated a fleet of 50 vessels, including 47 crude oil and petroleum product tankers, 1 liquefied natural gas carrier, and 2 shuttle suezmax tankers. Tsakos Energy Navigation Limited (TNP) has a strategic partnership with Statoil for the crude oil tanker new buildings. The company was formerly known as MIF Limited but in July 2001 its name was changed to Tsakos Energy Navigation Limited.
Hot Stocks To Invest In 2018: Dell Technologies Inc. (DVMT)
Advisors’ Opinion:
- [By Lee Jackson]
Avery familiar technology face was acquiring shares of Dell Technologies Inc. (NASDAQ: DVMT) last week. The legendary Michael Dell himself was purchasedshares in the newest incarnation of the famed Dell franchise. Heacquired a total of 254,545 shares at a very reduced price of $27.50, which could be option-related. The total for the trade was posted at $7 million.
