Business Services Industry
Zacks Analyst Interview Highlights: Ctrip.com
Business Wire, April 25, 2008
CHICAGO -- Zacks.com releases the latest Analyst Interview. Today's interview is with senior analyst Paul Cheung, who discusses Ctrip.com (Nasdaq: CTRP).
A synopsis of today's Analyst Interview is presented below. The full article can be read at http://at.zacks.com/?id=2678.
In which industries do you see the biggest growth potential within China, currently?
Industries that serve domestic demands such as travel and agriculture will have the biggest growth potential within China, in my view.
Of the companies in your coverage, which would be your top Buy recommendations at this time?
Ctrip.com (Nasdaq: CTRP) is the leading online travel company in China, with a market share of around 50%. The company has a smart business model to attract millions of travelers in China to use its service. The travel industry in China will see sustainable growth in the foreseeable future due to increasing disposable income of Chinese and low penetration rate. Ctrip is expected to grow its earnings at an annual rate of 35% in the next five years.
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About Zacks
The performance of the Zacks Rank portfolios for annual and year-to-date periods are the linked monthly total returns (price changes + dividends) of equal weighted hypothetical portfolios, consisting of those stocks with the indicated Zacks Rank, assuming monthly rebalancing and zero transaction costs. These are not the returns of actual portfolios. The hypothetical portfolios were created at the beginning of each month from January 1988 forward based on the values of the Zacks Rank available to Zacks' clients before the beginning of each month. The portfolios created monthly from 1988 through September 2006 exclude ADRs and are comprised of stocks that have the indicated Zacks Rank and were covered by at least two analysts at the time of the stocks inclusion in the portfolio. Starting in October 2006 and going forward, the portfolios are comprised of all stocks with the indicated Zacks Rank and do not exclude ADRs, which is more reflective of the list of stocks that customers will find on the Zacks web sites. These performance numbers have been audited from 1995 through 2003 by Virchow, Krause & Company, LLP.
Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
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