by winston » Wed Dec 13, 2017 7:37 pm
not vested
Stock Market Successes: Weibo (WB)
What do you get when you cross Twitter Inc (NYSE:TWTR) and Facebook, Inc (NASDAQ:FB) in China (where both are banned, by the way)?
You get a Sina Weibo, or as it’s called by the micro-blogging platform’s owner/operator, just Weibo Corp (ADR) (NASDAQ:WB).
It has been a smash hit, to say the least. Top-line growth is on pace to grow 22% next year, with per-share earnings growth projected at 76%.
It dominates the nation’s social networking scene, and has leveraged its size into more growth. That has been the trajectory for a while now, hence the stock’s 150% gain so far this year.
And yet, it has only scratched the surface. Barclays analyst Gregory Zhao recently reiterated his bullish stance on WB, explaining “our positive view on WB’s rev growth potential is mainly underpinned by the substantial upside of newsfeed ad’s relatively low market share in China, which is only 14% now.”
Source: Investor Place
It's all about "how much you made when you were right" & "how little you lost when you were wrong"