Tiger Global Management’s Long Term Stock Picks Include Visa Inc (V)

Rounding out our list of stocks which Tiger Global has owned for at least the last two years is Baidu.com, Inc. (ADR) (NASDAQ:BIDU). The Chinese search engine’s revenue was up 40% in its most recent quarterly report compared to the same period in the previous year, but costs were higher as well to the point that earnings only rose 9%. It is valued at 23 times trailing earnings, so it would probably need to bring the growth rate of its profits up a bit going forward in order to justify the valuation. It might be worth looking into whether Baidu can hold its costs in line with revenue growth in the future.

As a result Baidu looks something like a target for future research, as was the case with Priceline, though of course investors should be aware that their valuations already have some future growth priced in. The credit card stocks have been performing decently, but probably not well enough to make them attractive at current valuations.

Disclosure: I own no shares of any stocks mentioned in this article.