Shares of many Chinese companies got clobbered last year amid slowing growth in the No. 2 global economy. TAL Education Group (XRS) and New Oriental Education & Technology (EDU) weren’t among them. The rate at which China’s economic growth is slowing is seen by many analysts as moderating this year, which will boost companies that lagged last year and could really lift outperformers like TAL Education and New Oriental, which both racked up
E-commerce, video games, education: They’re what China’s growing middle class is spending its money on. Today’s International Leaders stock screen offers a look at four top Chinese companies trading in the U.S. that have capitalized on that trend: Alibaba (BABA), NetEase (NTES), New Oriental Education & Technology Group (EDU) and TAL International Group (XRS) . All of the stocks consolidated through September after a wave of bad economic news out
With the market in correction, it’s a good time to hone stock watch lists and find companies such as Forrest Laboratories (FRX) and New Oriental Education & Technology (EDU) that soundly top earnings estimates. Today’s Screen Of The Day is Estimate Beaters, stocks that beat earnings-per-share estimates by the widest margin in the latest reported quarter, sorted by percentage change. The list includes Forrest Labs and New Oriental Education,which