SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : iQIYI (IQ)
IQ 2.165-1.4%3:43 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lynn who wrote (74)7/18/2018 9:53:32 PM
From: Cornstock1 Recommendation

Recommended By
Lynn

   of 193
 
Another way to look at IQ if you might be thinking of it as a NFLX of China then consider comparing IQ and NFLX..... NFLX was selling at about $15.00 in 2015 and today it is selling at $375.00. And today NFLX is selling at 251 times earnings (unbelievable) with an earning per share of only $1.40. And AMZN was selling at about $70.00 a share in 2007 and is now at about $1840.00 with 240 times earnings and earnings per share of $7.95. So if IQ continues it's incredible growth rate for the next few years, nobody will care much what the earning are. Of course NFLX and AMZN are anomalies so let's hope that earnings won't matter but growth will. Just another way to look at it.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext