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Tale of the Tape

Others Overlooked Bitauto Holdings Limited (BITA), Should You Buy It Now?
April 14, 2014

BITA

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Opening:

It commonly happens in stock investing that investors miss the chance of buying winning stocks that they knew would stand out. Before they take the plunge, others get to know the hidden potential and enter into these stocks, pushing them out of reach.

So, instead of repenting, spotting the off-the-radar potential winners and immediately investing in them could be a smart decision.

Body:

One such company that looks well positioned for a solid gain, but has been overlooked by investors lately, is Bitauto Holdings Limited (BITA - Snapshot Report). This Internet Services Provider stock has actually seen estimates rise over the past month for the current fiscal year by about 30.5%. But that is not yet reflected in its price, as the stock lost 16.02% over the same time frame.

You should not be concerned about the price remaining muted going forward. This year’s expected earnings growth over the prior year is 62.11%, which should ultimately translate into price appreciation.

And if this isn’t enough, BITA currently carries a Zacks Rank #1 (Strong Buy) which further underscores the potential for its outperformance (See the performance of Zacks' portfolios and strategies here: About Zacks Performance).

So if you are looking for a stock flying under-the-radar that is well-equipped to bounce down the road, make sure to consider Bitauto Holdings. Solid estimate revisions and an impressive Zacks Rank suggest that better days may be ahead for BITA and that now might be an interesting buying opportunity.

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BITAUTO HOLDINGS LTD (BITA - Snapshot Report): Free Stock Analysis Report


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Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
PLANAR SYST… PLNR 4.42 +4.74%
BITAUTO HOL… BITA 81.36 +4.67%
WILLDAN GRO… WLDN 12.09 +3.25%
CHINA BIOLO… CBPO 47.65 +2.73%
SPIRIT AIRL… SAVE 73.00 +2.67%