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Weibo Corp. (ADR) Could Have 25% Upside From Here

JP Gravitt
Updated

I think this week we are officially “on pause” with our trade war while negotiations continue. Though I think the last update was that President Trump was not happy with how they are going. Either way, the ongoing fracas (yes, fracas) continues to dent the mood of investors in the US and clearly in China as well. The Hang Seng Index is only up 2% this year while the Shanghai Comp is down 5%. Meanwhile, here in the U.S., the S&P 500 (SPY) is only up 2% while the Nasdaq (QQQ) has gained 8%. It is tempting to not get involved in equities with so much uncertainty. ...

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