CTRP Yields Great Results

The company's recently released Q2 results show great growth.

By Wall Street Media on MSN Money Sep 22, 2010 4:00PM

Written by Douglas Estadt

 

Ctrip.com International (CTRP) is a web-based, travel service provider that caters to all aspects of a traveler’s needs, from hotel accommodations to flights.  The company’s recently released 2010 Q2 results were more than impressive.  


From our own travel experiences, we have witnessed Ctrip’s presence in kiosks and offices in China’s airports. This company is one among many that stand to profit from China’s booming economy.  


The facts below reiterate why we invested in CTRP today:

  • Net revenues up 44% yoy and 18% quarter-over-quarter

  • China has the greatest number of internet users in the world, and its economy continues to boom

  • The upcoming Chinese holiday from October 1st-7th will bring even more traffic to Ctrip, as everyone will be traveling

 

To hear more about CTRP, view the video below.

Visit Wall Street Media.  We feature exclusive insights from the world's leading transparent investors.

1Comment
Report
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
Categories
100 character limit
Are you sure you want to delete this comment?

DATA PROVIDERS

Copyright © 2013 Microsoft. All rights reserved.

Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.

Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.

Japanese stock price data provided by Nomura Research Institute Ltd.; quotes delayed 20 minutes. Canadian fund data provided by CANNEX Financial Exchanges Ltd.

STOCK SCOUTER

StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.

131
131 rated 1
262
262 rated 2
443
443 rated 3
602
602 rated 4
719
719 rated 5
586
586 rated 6
611
611 rated 7
456
456 rated 8
279
279 rated 9
123
123 rated 10
12345678910

Top Picks

SYMBOLNAMERATING
ABTAbbott Laboratories10
AIGAmerican International Group Inc10
ATVIActivision Blizzard Inc10
CACA Inc10
CSCOCisco Systems Inc10
More

LATEST POSTS

5 stocks to watch for next week

Costco and Tiffany to report earnings. Consumer confidence index for May to be released. Carnival slashes prices to attract customers after a string of accidents. Pending home sales for April are due.

Fidelity Brokerage Services, Member NYSE, SIPC. (c) 2011 FMR LLC. All rights reserved

VIDEO ON MSN MONEY

ABOUT

Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.

Contributors include professional investors and journalists affiliated with MSN Money.

Follow us on Twitter @topstocksmsn.