This coming Friday, all the excitement that has been building culminates in the potentially record breaking IPO of Alibaba (BABA). Most retail investors will not be able to invest in BABA at the IPO price due to high demand, but there might be a potential alternative investment that could benefit from the Chinese e-commerce giant IPO. If Alibaba proceeds to have a successful IPO, it could be first step to introducing U.S. investors to China-based stocks that are listed in the U.S.
Not only that, but all three of the companies listed below are China-focused, and have seen rising earnings estimates as of late and could be primed to outperform. In fact, all three have Zacks Ranks of ‘Buy’ or better, making them excellent choices for investors looking beyond the Alibaba IPO for opportunities in today’s market:
E-Commerce China Dangdang Inc. (DANG)
This Chinese stock is the most relevant to Alibaba in that it is engaged in operating as a business-to-consumer business providing online shopping in China. Products offered by the Company’s website dangdang.com include books, media products, beauty and personal care products, home and lifestyle products, and baby, children and maternity products.
Financial Statistics Snapshot
| Market Capitalization | $1.04 B | Â | Return on Equity(ttm) | 4.07% |
| Enterprise Value | $788.57 M | Â | Revenue | $1.17B |
| Profit Margin | 0.34% | Â | Net Income | $4.0M |
