For the sixth day in a row, China’s stocks are on the rise, which is the longest streak in the past two months. The Shanghai Composite shows it rose 2.4% and the Shenzhen Composite was up 2.8%. Investors will continue to watch for signs of market stabilization. Here are three of the China stocks worth looking at: 58.com Inc (ADR) (NYSE:WUBA), Vipshop Holdings LTD – ADR (NYSE:VIPS), and JD.Com Inc (ADR) (NASDAQ:JD).
While share prices were wobbly before, now China’s stocks are on a winning streak. It is the sixth day in the streak and it is giving hope to Chinese investors. Here is the latest on these three Chinese stocks: Alibaba Group Holding Ltd (NYSE:BABA), Cheetah Mobile Inc (ADR) (NYSE:CMCM), and SouFun Holdings Ltd (NYSE:SFUN).
Getting a big return is what investors seek when they deal with stocks. For certain investors, a small return is simply not acceptable. Thus, investors seek out companies whose stocks are well performing, which they measure by their trailing performance. By looking at the original value of a stock and its value today, one can begin to understand its growth; this number is reflected as a percentage in the investment world. Here three tech stocks with the best six-month returns: Fortinet Inc (NASDAQ:FTNT), JD.Com (NASDAQ:JD), and Altera Corporation (NASDAQ:ALTR).
The price change of a stock is a measurement of how the cost of an asset has changed over a certain time period or how its security has changed over a specific time. The measurement, for example, could be from one trading day’s close to the present day close. Often the period chosen is the past 12 months or as a year-to-date figure, and it is usually expressed as a change in percentage. Here are price changes for three stocks with recent best performance: DealerTrack Technologies (NASDAQ:TRAK), Voltari Corp (NASDAQ:VLTC), and Electronic Arts (NASDAQ:EA).
It is the longest winning stretch for China’s stocks, now in its sixth day, since May. The government’s intervention to encourage equities has certainly made a mark. Up 2.4% at close was the Shanghai Composite Index, putting it at 4,123.92, with leaders being financial and material production companies. There appear to be signs of stability. Here are three stocks to watch: Qunar Cayman Islands Ltd (NASDAQ:QUNR), 21Vianet Group Inc (NASDAQ:VNET), and Qihoo 360 Technology Co Ltd (NYSE:QIHU).
Determining stocks that are oversold is important for any trader so they can get the most return on their investments. That is why the RSI or Relative Strength Index is important to consult as it measures current price strength relative to previous prices. Generally, an RSI above 70 is considered to be overbought, while a value under 30 is oversold. The values range between zero and 100 for RSI. Currently in oversold territory are Yamana Gold Inc. (USA) (NYSE:AUY), Central Fund of Canada Limited (USA) (NYSEMKT:CEF), and HORSEHEAD HOLDING CORP. (NASDAQ:ZINC).