[Hog's Gone Fishin]

Originally Posted by lewdog

I think this sums up my feelings on SOGO nicely.

It’s a trading play for me, not a long term investment. I’ll ride it for some gains and sell.

https://www.google.com/amp/s/www.yah...171823333.html

I'm riding these chinese stocks as far as they'll go and watching like a hawk. IQ,Huya,Bili,Sogo. I call it a looong swing trade.

SOGO Stock’s Solid Financials
Also, in fairness, the financial statements for SOGO stock also speak to both massive growth and stability. In 2014, the first year the company published public financial reports, SOGO brought in $368.38 million in revenue.

This year, analysts expect to see revenues hit $1.29 billion after coming in at $908.36 million in 2017. In percentage terms, this exceeds the growth rate of Baidu. Analysts predict 20% profit growth this year, and over 50% net income growth in 2019.

In addition to the massive growth, the company’s solid balance sheet should also garner attention. SOGO stock currently sits on over $1.1 billion in cash and holds no debt.

Its comparatively small size might also draw investors. The company’s market cap stands at $5.4 billion. This makes SOGO less than ten percent of the size of Baidu. It is also less than one percent of the size of the dominant search engine in the rest of the world, Alphabet Inc (NASDAQ:GOOGL, NASDAQ:GOOG).