December 03, 2012 at 14:34 PM EST
Qihoo Makes a Case for Higher Prices
The major averages remain in confirmed uptrends which means it's important to keep an eye on stocks with strong fundamentals showing relative price strength. Some will eventually go on to be big market leaders -- especially newer companies still in the early stages of growth. It wasn't that long ago when my screens were teeming with China-based growth stocks under accumulation. It's a much different story now as names as Internet names like Netease.com (NASDAQ:NTES) Sohu.com (NASDAQ:SOHU) Perfect World (NASDAQ:PWRD) and Changyou.com (NASDAQ:CYOU) continue to face selling pressure. But China-based Qihoo (prononounced “chi-hu”) 360 Technology (NASDAQ:QIHU) continues to trade ...
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