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Industry Focus

Tech: International Stocks Steal the Show

Industry Focus

The Motley Fool

Interview, Money, Consumergoods, Business, Businessnews, Ceo, Technology, Investing, Stocks, Energy, Fool, Financial, Economy, Healthcare, News, Banking, Motley, Tech, Business News, Investments

4.6854 Ratings

🗓️ 1 March 2019

⏱️ 32 minutes

🧾️ Download transcript

Summary

iQiyi and MercadoLibre put up some monster earnings results to end 2018 -- we break down the numbers, and why both businesses still have plenty of growth ahead of them.


Stocks: IQ, MELI

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Transcript

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0:00.0

Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every day.

0:07.0

It is Friday, March 1st, and we're talking about two international tech stocks that put up big earnings results.

0:13.8

I'm your host Dylan Lewis, I've got fool.com's Danny Vena on Skype.

0:17.7

Danny what's up?

0:19.5

Hi Dylan, it's another, well, somewhat sunny day in San Diego.

0:23.6

I know you guys have been dealing with snow,

0:25.4

but for us, it's going to be about 65 today

0:28.9

and a little cloudy.

0:30.3

Yeah, you know, we were a little worried.

0:32.1

We saw some snow in the forecast.

0:33.4

Only wound up getting like half an inch an inch or something like that.

0:36.4

Unfortunately, it'll be turning to rain later. So I'm a little jealous of the weather

0:40.1

situation you got over there.

0:41.4

You know, come on out and visit and we'll get some coffee.

0:45.0

I might have to take you up on that sometime soon.

0:48.0

Danny, a lot of things coming up, Rosie for you, you've got good weather over there,

0:52.0

and two stocks that you follow very closely

0:54.3

both of us own put up some pretty awesome earnings results over the past week and a half

0:59.0

or so. That's true and the market seemed to really like it both I Chiyi which has is commonly called the Netflix of China

1:08.4

Although it's more more closely resembles Hulu

1:17.4

Put up its numbers and jumped about 20% on its earnings results, as did Mercado Libre, which is an e-commerce platform in Latin America.

1:25.0

So both of them have big comparisons to companies here in the United States and both are putting up fantastic numbers.

...

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