Ask a Fool: Is Qihoo a Buy, Sell or Hold?
In this video from the Motley Fool's "Ask a Fool" series, Fool tech and telecom analyst Jamal Carnette takes a question from a Fool reader, who asks, "What's your Foolish take on Qihoo 360 Technology ?" Jamal discusses the search engine market in China, and says that though Google pulled out of the Chinese market over censorship concerns, there are still very interesting players in this space.
Baidu is the largest player here with a market share in the 61%-63% range, with Qihoo coming in second, with a market share of around 20%. Though Qihoo has experienced rapid growth recently, there are serious risks to consider here, as well. Jamal discusses the accounting practices and regulatory concerns that play a role here, and notes that with expectations as high as they are for this stock's continued growth, it certainly isn't cheap, which makes him question if the risk is worth the reward.
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The article Ask a Fool: Is Qihoo a Buy, Sell or Hold? originally appeared on Fool.com.
Jamal Carnette has no position in any stocks mentioned. The Motley Fool recommends Baidu and Google. The Motley Fool owns shares of Baidu and Google. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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