5 Best Chinese Stocks to Buy Now, According to Analysts – February 2024
From Nasdaq:
Investing in Chinese stocks can diversify your portfolio and reduce overall risk. However, there are challenges related to regulatory, political, and economic factors. To help investors, TipRanks Stock Screener identified five Chinese stocks with a Strong Buy rating from analysts and an average upside potential of more than 20%.
Alibaba (BABA) reported Q4 earnings on February 7, with an upside potential of 44.34%. NetEase (NTES) has a price forecast implying 24.06% upside potential. Baidu (BIDU) has an average price target with an upside potential of 54.1%. Trip.com (TCOM) has an average price target of $50.39, implying a 25.98% upside potential. Li Auto (LI) has an analyst consensus upside of 71.64%.
Read more: 5 Best Chinese Stocks to Buy Now, According to Analysts – February 2024