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Top Stock Picks of the Week of Sep 11: TCEHY & HIIQ
Health Insurance Innovations, Inc. provides web-based individual health insurance plans. Earnings have been on a tear, with the Zacks Consensus expecting 39% earnings growth in 2017 and another 18% in 2018. But just as this video went to air, questions began swirling due to a report posted on moxreports.com about the possibility of $100 million in penalties. Shares are down big. Is it a buying opportunity?
Tencent Holdings Limited (TCEHY - Free Report) is one of China’s chosen “winner” companies. With a market cap of about $400 billion, it is one of China’s biggest players in social media and gaming but it has also been expanding into the hot Cloud and AI areas. It recently reported one of its best quarters ever. Even though it’s hard for large companies to see outsized growth, earnings are expected to rise another 43% this year. Tracey has been a bear about Chinese stocks for years. Has she changed her mind about this Zacks Rank #1 (Strong Buy)?
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>