Major automakers are still concerned about the global semiconductor shortage that has curbed their production.
Volkswagen (VWAGY) Chief Executive Herbert Diess, Daimler (DMLRY) Chief Executive Ola Kallenius and Gunnar Hermann, chairman of the management board for Ford (F) – Get Ford Motor Company Report Europe told CNBC that it’s difficult to predict when the problem will end.
Volkswagen, Europe’s biggest car maker, has ceded market share in China thanks to the shortage, Diess said.
“We are relatively weak because of semiconductor shortages,” he said. “We are hit more in China than the rest of the world. That’s why we are losing market share.”
Volkswagen recently traded at $33.96, down 0.64%; Daimler at $20.80, barely changed; Ford at $12.84, down 0.43%; and General Motors (GM) – Get General Motors Company (GM) Report at $48.65, down 0.35%.
Top China Stocks To Buy Right Now: Renesola Ltd.(SOL)
ReneSola Ltd, together with its subsidiaries, engages in the manufacture and sale of solar wafers and solar power products. It offers virgin polysilicons, monocrystalline and multicrystalline solar wafers, and photovoltaic cells and modules. The company also provides cell and module processing services. Its products are used in a range of residential, commercial, industrial, and other solar power generation systems. The company sells its solar wafers primarily to solar cell and module manufacturers. It principally operates in Mainland China, Singapore, Taiwan, Hong Kong, Korea, India, Australia, Germany, Italy, Spain, Belgium, France, the Czech Republic, and the United States. The company was founded in 2003 and is based in Jiashan, the People?s Republic of China.
Advisors’ Opinion:
- [By Max Byerly]
Sola Token (CURRENCY:SOL) traded 17.9% lower against the dollar during the 1-day period ending at 16:00 PM E.T. on October 11th. One Sola Token token can now be bought for about $0.0054 or 0.00000087 BTC on cryptocurrency exchanges including Tidex and OpenLedger DEX. Sola Token has a total market cap of $153,306.00 and $1,856.00 worth of Sola Token was traded on exchanges in the last 24 hours. In the last seven days, Sola Token has traded down 12.2% against the dollar.
- [By Max Byerly]
Sola Token (CURRENCY:SOL) traded up 26.7% against the US dollar during the 24 hour period ending at 22:00 PM E.T. on September 28th. One Sola Token token can currently be bought for $0.0085 or 0.00000131 BTC on popular exchanges including Tidex and OpenLedger DEX. Sola Token has a market capitalization of $0.00 and approximately $3,239.00 worth of Sola Token was traded on exchanges in the last 24 hours. During the last week, Sola Token has traded flat against the US dollar.
- [By Logan Wallace]
Get a free copy of the Zacks research report on ReneSola (SOL)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top China Stocks To Buy Right Now: Sina Corporation(SINA)
SINA Corporation provides online media and mobile value-added services (MVAS) in the People?s Republic of China. It provides advertising, non-advertising, and free services through SINA.com, Weibo.com, and SINA Mobile. SINA.com offers free interest-based channels that provide region-focused format and content, including news, sports, automobile-related news, finance, entertainment, luxury, technology, digital, tools, collectibles, video, music, and wireless application protocol, as well as interactive platform for fashion-conscious users to share comments and ideas on a range of topics, such as health, cosmetics, and beauty. The company’s microblogging platform, Weibo.com, enables its users to follow the hottest topics being discussed online, as well as discussions related to people they know. Weibo accounts consist of celebrities, commercial enterprises, government entities, and grass root Internet users. Its SINA Mobile service allows users to receive news and informatio n, download ring tones, mobile games and pictures, and participate in dating and friendship communities. The company also offers SINA Game, which serves as an interactive platform that provides users with downloads and gateway access to popular online games; SINA eReading, a shop for book reviews; SINA.net, an enterprise solutions platform to assist businesses and government bodies; and SINA Mall, an online shopping Website. In addition, it provides a platform for Chinese bloggers; photo-sharing platform; free email, VIP mail, and corporate email for enterprise users; audio and video-based instant messaging tools; proprietary search technology; and classified advertising services, as well as hosts topic-specific discussion forums in Chinese language; and creates user-maintained and supported online communities. The company has strategic cooperation agreement with China Unicom (Hong Kong) Limited. SINA Corporation was founded in 1997 and is headquartered in Shanghai, the Peop le?s Republic of China.
Advisors’ Opinion:
- [By Leo Sun]
Shares of SINA (NASDAQ:SINA) recently stumbled after the Chinese tech company posted soft fourth-quarter numbers. Its non-GAAP revenue rose 14% annually to $570.4 million but missed expectations by $3 million. On a GAAP basis, its revenue also rose 14% to $573 million.
- [By Motley Fool Transcribing]
Sina (NASDAQ:SINA) Q4 2018 Earnings Conference CallMarch 5, 2019 7:10 a.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:
Operator
Top China Stocks To Buy Right Now: Netease.com Inc.(NTES)
NetEase.com, Inc., an Internet technology company, engages in the development of applications, services, and other technologies for the Internet in China. It provides online game services to Internet users through the in-house development or licensing of massively multi-player online role-playing games, including Fantasy Westward Journey, Westward Journey Online II, Westward Journey Online III, Tianxia II, Heroes of Tang Dynasty, and Datang, as well as the licensed game, Blizzard Entertainment’s World of Warcraft. The company also offers online advertising on its Web sites. In addition, NetEase has paid listings on its search engine and Web directory, and classified advertising services, as well as an online mall, which provides opportunities for e-commerce and traditional businesses to establish their own storefront on the Internet. Further, it provides wireless value-added services, such as news and information content, matchmaking services, music, and photos from the We b over SMS, MMS, WAP, IVR, and Color Ring-back Tone technologies. Additionally, the company offers community services, including instant messaging, online personal advertisements, matchmaking, alumni clubs, and community forums; and aggregates news content on world events, sports, science and technology, and financial markets, as well as entertainment content, such as cartoons, games, astrology, and jokes from over 100 international and domestic content providers. NetEase.com, Inc. was founded in 1997 and is based in Beijing, the People?s Republic of China.
Advisors’ Opinion:
- [By Keith Noonan]
Shares of NetEase (NASDAQ:NTES) fell 11.4%% in February, according to data from S&P Global Market Intelligence. Despite positive momentum for Chinese tech stocks and the broader market, the online media company’s share price tumbled in the lead-up to its fourth-quarter earnings release.
- [By Leo Sun]
Its live broadcasting revenue surged as it added more virtual gifts and premium content, the ad business benefited from more brand ads and the introduction of performance-based ads in the prior year quarter, and its e-commerce business — which was recently integrated into Alibaba’s Taobao marketplace — saw a spike in product sales. Bilibili’s recent acquisition of NetEase’s (NASDAQ:NTES) online comics business should further bolster its “other” revenue.
- [By Leo Sun]
NetEase (NASDAQ:NTES) reported its fourth-quarter earnings on Feb. 20. Its revenue rose 36% annually to RMB 19.84 billion ($2.89 billion), which missed the USD guidance by $20 million but marked its third straight quarter of accelerating sales growth.
Top China Stocks To Buy Right Now: Top Image Systems Ltd.(TISA)
Top Image Systems Ltd. provides enterprise solutions for managing and validating content entering organizations from various sources. It develops and markets automated data capture solutions for managing and validating content gathered from customers, trading partners, and employees. The company?s solutions deliver digital content to the applications that drive an enterprise by using technologies, such as wireless communications, servers, form processing, and information recognition systems. It offers eFLOW Unified Content Platform that provides the common architectural infrastructure for its solutions. The company also provides Smart, an automated classification solution, which is the eFLOW plug-in for unstructured content providing single point of entry for information entering the organization; and Freedom, the eFLOW plug-in for semi-structured content that enables customers to identify and capture critical data from semi-structured documents, such as invoices, purchase orders, shipping notes, and checks. In addition, it offers Integra, the eFLOW plug-in for structured content, which provides a solution for data capture, validation, and delivery from structured predefined forms; eFLOW Ability, an integrated module interfacing with SAP systems for automated parking, approval, and posting of invoices and other document within SAP systems; and eFLOW Invoice Reader, an invoice capture and approval solution, which could be deployed and integrated in enterprise accounting environment, such as SAP, Oracle, and other financial systems. Top Image Systems Ltd. sells its products through a network of value-added distributors, systems integrators, original equipment manufacturers, and partners in approximately 40 countries worldwide. It has strategic partnership with SQN Banking Systems (SQN) to incorporate SQN’s fraud detection solutions with its eFLOW Banking Platform in the Asia Pacific market. The company was founded in 1991 and is headquartered i n Ramat Gan, Israel.
Advisors’ Opinion:
- [By Shane Hupp]
Get a free copy of the Zacks research report on Top Image Systems (TISA)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Money Morning Staff Reports]
Before we get to our latest pick, here are last week’s top-performing penny stocks:
Penny Stock Sector Current Share Price Last Week’s Gain
Melinta Therapeutics Inc. (NASDAQ: MLNT) Healthcare $1.74 104.01%
Pernix Therapeutics Holdings Inc. (NASDAQ: PTX) Healthcare $0.83 84.40%
Top Image Systems Ltd. (NASDAQ: TISA) Healthcare $0.82 59.85%
Jason Industries Inc. (NASDAQ: JASN) Healthcare $2.21 58.99%
Maxwell Technologies Inc. (NASDAQ: MXWL) Financial $4.66 51.79%
Marathon Patent Group Inc. (NASDAQ: MARA) Healthcare $0.52 51.47%
Forward Pharma A/S (NASDAQ: FWP) Basic Materials $1.53 43.57%
Dixie Group Inc. (NASDAQ: DXYN) Healthcare $1.40 42.86%
Trevena Inc. (NASDAQ: TRVN) Services $1.41 39.60%
Alliance MMA Inc. (NASDAQ: AMMA) Healthcare $4.95 36.18%Don’t Miss Out: The Treasury is sitting on an $11.1 billion cash pile, and a loophole entitles Americans to a sizable portion. Some are collecting $1,795, $3,000, or $5,000 every month thanks to this powerful investment…
