UPDATE: iQIYI (IQ) Added to my Blog Portfolio

I am adding  iQIYI Inc. (IQ) to my Blog Portfolio. IQ is also known as Netflix of China. I do feel that the company has significant future potential. At current price of $26.13, it looks like a compelling addition to my blog portfolio. 

I will be providing extensive analysis during my September Blog which I plan to publish on Sunday, September 23. Stay tuned!

Comments

Post a Comment

Popular Post

Shesa's SEPTEMBER 2025 - Investment Blog

  By Shesa Nayak Welcome to Shesa’s Blog U.S. Stock Market Update   The stock market had a reasonably good August despite some pullback at the end of the month. For the month of August, NASDAQ was up 1.6% for the month, S&P 500 was up 1.53% , fourth straight positive month and DOW soared 3% for the month. Though September is the worst month in the stock market, so far the S&P 500 is up 0.33%, and Nasdaq is up 1.14%. The Q2 earnings season is over. Nvidia and AVGO had another great quarter and fabulous guidance. It reminds us that AI is well and alive and will remain so in the foreseeable future . Having said that, it makes sense to be vigilant in September and possibly early October. September in general does not have good history for the stock market, so we have to strategize our investment decision.  Economic Gross domestic product ( GDP ) jumped 3.3% for the second quarter. All the inflation numbers viz. CPI, PPI and PCE have gone up, consumer spending...
Read more

Shesa's Weekend Update - 9|14|25

Welcome to Shesa's weekend update Last week, the U.S. stock market indexes  posted gains despite mixed economic data. The S&P 500 rose  1.75% , closing at 6,584.29, with a record high of 6,587.47 on Thursday, NASDAQ surged  2.92% , ending at 22,141.10, achieving five consecutive record closes, driven by AI optimism and big run on  Oracle  and  Tesla  stock, followed by anticipations of Fed rate cuts this week. The Dow gained 1.02%. Weak labor market data, including a  911,000 downward revision   in jobs  from April 2024 to March 2025 was a big blow. The jobless claims reached 263,000 (highest since October 2021). Despite these bad data the stock market had a fantastic week fueled by rate-cut hopes. Inflation data was mixed: August  CPI rose 2.9%  year-over-year, above the Fed’s 2% target, but  PPI  unexpectedly declined 0.1% month-over-month, up  2.6%  YoY.  Gold hit a record $3,681 per ounce, up 10...
Read more

Shesa's Weekend Updates - 09|01|25

Welcome to Shesa's Weekend Updates We saw a reasonably good month of August for the stock market despite the pullback at the end of last week. The  S&P 500 was  up 0.23% for the week, despite hitting a record high of 6,502 on Thursday. It was the fourth winning month in a row. The Nasdaq  was down -0.6% and DOW was down 0.2% for the week. Last Friday, t he technology stocks were hammered due to inflation fear, and that FED may not cut rates soon. Having said that, the month of August was reasonable. But now we are now in September. This month may become volatile due to low liquidity in the market because of institutional investors absence helps short sellers and hedge funds to take advantage. In addition, the September fear that market does not do well. We will have to wait for lots of data going forward that may determine market direction. Hence, it's better to be little cautions. Because September has been the WORST month for the stock market in last 5, 10, 20, 5...
Read more