Momentum Stocks: Baidu Inc (BIDU), SolarCity Corp (NASDAQ:SCTY), Sohu.com (NASDAQ:SOHU), Youku Tudou (NYSE:YOKU)


Baidu (NASDAQ:BIDU) was upgraded by equities research analysts at Goldman Sachs from a “neutral” rating to a “buy” rating in a research note issued to investors on Monday, TheFlyOnTheWall.com reports. The firm currently has a $220.00 target price on the stock. Goldman Sachs’ target price would indicate a potential upside of 29.30% from the stock’s previous close. Shares of Baidu Inc (ADR) (NASDAQ:BIDU) closed at $170.93 in last trading session. Yesterday share price of the company was traded in the range of $168.15 – $179.00. Company now has a market value of $59.82 billion. Baidu Inc (ADR) (NASDAQ:BIDU) price to sales ratio in past twelve months was calculated as 12.78 and price to cash ratio as 8.46.

SolarCity Corp (NASDAQ:SCTY), a leading provider of clean, distributed energy, today announced that it will conduct a follow-up fourth quarter 2013 conference call on Monday, March 3, 2014 at 8 am (Eastern Time). SolarCity Corp (NASDAQ:SCTY) stock traded in the range of $82.00 – $88.23 and at the end of the day, it closed at $84.96. Average volume of the company is $4.83M. SolarCity Corp (NASDAQ:SCTY) return on equity ratio is recorded as -29.00% and its return on assets is -4.00%.

Sohu.com Inc (NASDAQ:SOHU) is rumored to have conducted extensive closed-door meetings with Tencent regarding a potential online video partnership and the companies are said to have come to a tentative agreement to merge their respective online video businesses, according to Sohu IT, reported Marbridge Daily. The resulting new company would be headed by Sohu’s chairman and CEO, with Tencent as a strategic, but not controlling, partner, the report claims. Sohu.com Inc (NASDAQ:SOHU) after opening at $82.00, moved up 7.90% to $84.99 on last trading day. Company’s 52 week range is $39.79 – $87.29.

TheStreet Ratings team rates Youku Tudou Inc (ADR) (NYSE:YOKU) as a “hold” with a ratings score of C-. Youku Tudou Inc (ADR) (NYSE:YOKU) stock hit highest price at $35.85, beginning with a price of $35.19 and increased 7.55% to the close at $33.19 with day range of $32.58 – $35.85. The total market capitalization of the stock is $6.22 billion.


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