Technical Research on Internet Equities — Akamai Technologies, Baidu, Criteo, and JD.com

Press Releases

Nov 09, 2017

NEW YORK, Nov. 09, 2017 /PRNewswire/ —

If you want a Stock Review on AKAM, BIDU, CRTO, or JD then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. DailyStockTracker.com shifts focus on the Internet Information Providers Services industry, which provides not only information but also interactive services, allowing people to purchase goods, make reservations, and apply to offers on good or services directly online. Equities in today’s lineup are: Akamai Technologies Inc. (NASDAQ: AKAM), Baidu Inc. (NASDAQ: BIDU), Criteo S.A. (NASDAQ: CRTO), and JD.com Inc. (NASDAQ: JD). Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at: http://dailystocktracker.com/register/

Akamai Technologies

On Wednesday, shares in Cambridge, Massachusetts headquartered Akamai Technologies Inc. recorded a trading volume of 1.44 million shares. The stock ended the day flat at $53.76. The Company’s shares have advanced 5.35% in the past month and 16.09% in the previous three months. The stock is trading above its 50-day moving average by 8.38%. Furthermore, shares of Akamai Technologies, which provides cloud services for delivering, optimizing, and securing content and business applications over the Internet in the US and internationally, have a Relative Strength Index (RSI) of 68.85.

On October 18th, 2017, Akamai Technologies (AKAM) and Bell, Canada’s largest communications company, announced a strategic partnership that expands the latter’s broad portfolio of web security solutions for Canadian businesses with the addition of AKAM’s leading web performance and cloud security products. By joining forces, the duo is positioned to identify security threats, proactively prevent attacks, and optimize the performance and availability of network and web services for businesses. 

On October 25th, 2017, research firm B. Riley & Co. reiterated its ‘Buy’ rating on the Company’s stock with an increase of the target price from $60 a share to $70 a share. Sign up and read the free research report on AKAM at: http://dailystocktracker.com/registration/?symbol=AKAM

Baidu

Beijing, the People’s Republic of China headquartered Baidu Inc.’s stock saw a slight decline of 0.94%, finishing yesterday’s session at $241.18 with a total trading volume of 2.09 million shares. The Company’s shares have gained 8.36% over the previous three months and 46.69% since the start of this year. The stock is trading above its 200-day moving average by 19.72%. Additionally, shares of Baidu, which provides Internet search services in China and internationally, have an RSI of 41.01.

On October 30th, 2017, Baidu announced that it will hold its annual “Baidu World” Technology Conference on November 16th, 2017, at the China World Summit Wing and Kerry Hotel in Beijing. The forum will bring together Baidu executives, employees, partners, developers, and media to discuss the Company’s mission and strategy, technology breakthroughs, new product developments, and open artificial intelligence ecosystem. The complimentary research report on BIDU can be downloaded at: http://dailystocktracker.com/registration/?symbol=BIDU

Criteo

Shares in Paris, France headquartered Criteo S.A. ended the session 1.05% higher at $36.61. The stock recorded a trading volume of 1.17 million shares, which was above its three months average volume of 969,450 shares. The Company’s shares are trading 15.62% below their 50-day moving average. Moreover, shares of Criteo, which engages in digital performance marketing in France and internationally, have an RSI of 29.58. 

On November 02nd, 2017, research firm Jefferies downgraded the Company’s stock rating from ‘Buy’ to ‘Hold’.

On November 07th, 2017, Criteo shared the findings of its Global Commerce Review for the third quarter of 2017. The analysis explores shoppers’ winding path to purchase across numerous devices, browsers, and apps. A primary finding of the research reveals that retailers have a greater impact on mobile devices when an engaging app and a strong mobile web presence are available. Register for free on DailyStockTracker.com and access the latest report on CRTO at: http://dailystocktracker.com/registration/?symbol=CRTO

JD.com

At the closing bell on Wednesday, Beijing, China headquartered JD.com Inc.’s stock climbed 1.36%, finishing at $40.33. A total volume of 17.09 million shares was traded, which was above their three months average volume of 15.24 million shares. The Company’s shares have gained 0.40% in the last month and 58.53% on an YTD basis. The stock is trading 0.05% and 6.98% above its 50-day and 200-day moving averages, respectively. Additionally, shares of JD.com, which through its subsidiaries, operates as an e-commerce company in China, have an RSI of 57.80. 

On November 08th, 2017, JD.com participated in a signing ceremony held at the Great Hall of the People, with the Company entering agreements to purchase in excess of $1.2 billion of beef from The Montana Stock Growers Association and pork from Smithfield Foods, Inc. over the next three years. The agreements are part of an overall commitment by the Company to purchase $2 billion of US goods across a wide range of categories over three years. Get free access to your research report on JD at: http://dailystocktracker.com/registration/?symbol=JD

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