Hot Stocks: Baidu Inc. (ADR) (NASDAQ:BIDU), SINA Corp (NASDAQ:SINA), Renren Inc. (NYSE:RENN), Google Inc. (NASDAQ:GOOG)



Stock analysts at Citigroup Inc. hoisted their price objective on shares of Baidu (NASDAQ:BIDU) from $175.00 to $215.00 in a report issued on Monday, Stock Ratings Network.com reports. Baidu Inc. (ADR) (NASDAQ:BIDU) stock performance was -1.93% in last session and finished the day at $157.48. Traded volume was 4.29 million shares in the last session and the average volume of the stock remained 4.62 million shares. The beta of the stock remained 2.03. Baidu Inc. (ADR) (NASDAQ:BIDU) insider ownership is 0.13%.

SINA Corp (NASDAQ:SINA) was downgraded by equities research analysts at Maxim Group from a “buy” rating to a “hold” rating in a research note issued to investors on Tuesday, The Fly On The Wall.com reports. They currently have a $90.00 target price on the stock. Maxim Group’s target price would suggest a potential upside of 34.11% from the company’s current price. The analysts noted that the move was a valuation call. SINA Corp (NASDAQ:SINA) dropped -1.85% to $65.87 yesterday on volume of 3.50 million shares. The intra-day range of the stock was $65.43 – $66.70. SINA Corp (NASDAQ:SINA) has a market capitalization of 4.38 billion.

Renren Inc. (NYSE:RENN), the operator of a Facebook-like social networking site in China, posted another quarter of weak results. Net revenues declined by 29% year on year to $30.7 million in the final quarter of 2013. Renren Inc. (NYSE:RENN)’s stock on March 20, 2014 reported a lower of -2.65% to the closing price of $3.31. Its fifty two weeks range is $2.52 – $4.79. The total market capitalization recorded 1.22 billion. The overall volume in the last trading session was 2.41 million shares. In its share capital, Renren Inc. (NYSE:RENN) has 369.04 million outstanding shares.

Google Inc. (NASDAQ:GOOG) CEO and co-founder Larry Page says that when he dies he has a plan for where his billions should go not to charity, but to people like Tesla founder Elon Musk. On Thursday, shares of Google Inc. (NASDAQ:GOOG) dropped -0.17% to close the day at $1,197.16. Company return on investment (ROI) is 12.60% and its monthly performance is recorded as -0.43%. Google Inc. (NASDAQ:GOOG) quarterly revenue growth is 11.90%.

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