There are a lot of reasons that Baidu has been knocked down lately: It’s located in China, a place that’s been known for stock frauds; it is facing increased competition; growth at Baidu and China in general is starting to slow.
But the fact remains that there’s been no signs of fraud from the company, and competition and slowed growth are hardly enough to explain how the stock for China’s largest search engine is now trading for its lowest multiple ever, despite having grown revenue and earnings at impressive rates. Sooner or later, something’s got to give.
3D Systems Corporation (NYSE:DDD)
It’s been a tough couple of months for investors in this 3-D printing company, whose shares have fallen more than 30% since late January.
Unlike rival Stratasys, Ltd. (NASDAQ:SSYS), which released earnings that Wall Street generally applauded and focuses more intensely on meeting the 3-D printing needs of businesses, 3D Systems Corporation (NYSE:DDD)’s numbers and focus on consumers have gotten some worried.
But the fact of the matter is that this is a growth portfolio, where it’s OK to place some big bets. The future of 3-D printing could be huge. And with 3D Systems Corporation (NYSE:DDD) now trading for just 25 times expected earnings, now is as good a time as any to buy a starter position.
Are stories of this demise greatly exaggerated?
You might notice that I left Intuitive Surgical off my list, even though the stock has dropped 15% since mid-February. That’s because the president of a leading medical organization has called the usefulness of the company’s daVinci Surgical Robot into question. For the time being, I’m sitting on my shares.
The article 3 Buy-Now Stocks From the “World’s Greatest Growth Portfolio” originally appeared on Fool.com.
Fool contributor Brian Stoffel owns shares of Apple, Google, Amazon.com, LinkedIn, Starbucks, Baidu, Whole Foods Market, lululemon athletica, Intuitive Surgical, Westport Innovations, Stratasys, and IPG Photonics. The Motley Fool recommends 3D Systems, Amazon.com, Apple, Baidu, Google, Intuitive Surgical, IPG Photonics, LinkedIn, Lululemon Athletica, Starbucks, Stratasys, Westport Innovations, and Whole Foods Market. It owns shares of 3D Systems, Amazon.com, Apple, Baidu, Google, Intuitive Surgical, IPG Photonics, LinkedIn, Starbucks, Stratasys, Westport Innovations, and Whole Foods Market and has the following options: short Jan. 2014 $36 calls on 3D Systems and short Jan. 2014 $20 puts on 3D Systems.
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