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2 Chinese Internet Stocks to Buy Today – QIHU, YY

Strong growth levels power these giants higher

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Chinese Internet Stocks to Buy: YY Inc. (YY)

YY NASDAQ:YYYY operates an online social platform in China and is seeing extraordinary growth right now. In addition to its YY client product that offers access to social media groups, they also offer Web-based YY that enables users to conduct real-time interactions on the Web without any downloads or installations, as well as Mobile YY, a smartphone application.

Growth has been spectacular for YY, with fiscal year 2013 showing revenue growth of 122%, and non-gaap earnings rising an impressive 214%, all compared to 2012 results.  Analysts that follow the company expect earnings growth for this company to be a stunning 46% on average for the next five years.

In addition to the strong growth in music and entertainment offerings that the company has seen on its platforms, online education is a new growth driver for this company. They began offering a new online education app called last month, offering multimedia large-classroom tutoring lessons on standardized tests. Several thousand teachers contacted the company within a week of the product announcement, and they should be able to attract the best teachers in China to the app.

The stock has been ranked an A since its debut in Portfolio Grader back in November and remains a strong buy at the current price. Any weakness should be treated as a buy the dip opportunity in this aggressive stock.

Article printed from InvestorPlace Media,

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