Chinese Stocks To Add to Your Watchlist - February 09th
According to data from a stock screener tool, seven Chinese stocks are being highlighted for attention today: Mettler-Toledo International, Duolingo, Wynn Resorts, Diageo, UP Fintech, Universe Pharmaceuticals, and INLIF. These stocks represent publicly traded companies primarily based in China and may be listed on domestic exchanges like the Shanghai Stock Exchange or the Shenzhen Stock Exchange, as well as on other international exchanges such as the New York Stock Exchange. Investors looking to capitalize on the performance and growth potential of Chinese businesses might want to follow these stocks, which have shown the highest dollar trading volume in recent days.
Mettler-Toledo International (MTD)
Mettler-Toledo International Inc. specializes in producing and supplying precision instruments and services across various regions, including the Americas, Europe, and Asia. The company operates in five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. Mettler-Toledo's product line includes a range of laboratory instruments such as balances, pipetting solutions, titrators, pH meters, and analyzers as well as laboratory management software called LabX.
As of midday on Friday, MTD stock increased by $32.74, reaching $1,390.00, with a trading volume of 461,136 shares compared to its usual volume of 114,468. The stock’s market cap stands at $29.33 billion; its price-to-earnings ratio is 34.30, with a price-to-earnings-growth ratio of 4.80. The stock has had a low of $1,133.46 and a high of $1,546.93 over the past year.
Duolingo (DUOL)
Duolingo, Inc. is known for its mobile learning platform which provides language courses in 40 languages, including Spanish, French, Chinese, and more, available through its app. The company also offers an English language proficiency assessment.
On Friday, Duolingo’s shares rose by $4.44 to $393.80, with a volume of 717,106 compared to the average of 538,330. Over the past year, the stock reached a low of $145.05 and a high of $411.69. Its current market cap is around $17.32 billion, with a price-to-earnings ratio of 215.19.
Wynn Resorts (WYNN)
Wynn Resorts, Limited operates integrated resorts including Wynn Palace, Wynn Macau, and Encore Boston Harbor. These properties feature luxurious accommodations, gaming options, dining facilities, and entertainment venues.
On Friday, WYNN shares saw a minor drop, trading down by $0.07 to a price of $80.58 and a volume of 2,253,480 shares. Wynn Resorts has a market cap of $8.85 billion and has experienced a low of $71.63 and a high of $110.38 in the past year.
Diageo (DEO)
Diageo plc is involved in the production and sale of alcoholic beverages, offering a variety of spirits including vodka, gin, tequila, and Chinese white spirits. It ranks among the leading alcoholic beverage producers in the world.
On Friday, Diageo traded at $110.36 after a decline of $1.49, with a trading volume of 976,660 shares which is close to its average volume. The stock has a 52-week range from $110.18 to $154.71.
UP Fintech (TIGR)
UP Fintech Holding Limited focuses on online brokerage services primarily for Chinese investors. Its platform enables trading of stocks, options, and other financial instruments.
On Friday, shares of UP Fintech increased by $0.48 to $7.73, with 13,205,171 shares changing hands versus an average of 4,819,998. The stock has a market cap of $1.43 billion and has fluctuated between $3.10 and $14.48 over the past year.
Universe Pharmaceuticals (UPC)
Universe Pharmaceuticals Inc. focuses on developing and distributing traditional Chinese medicine products. Its offerings target chronic health issues and provide remedies for common ailments.
This stock saw a slight increase on Friday, trading up $0.02 to $0.18, with a remarkable trading volume of 143,447,740 shares, far exceeding its usual volume.
INLIF (INLF)
INLIF is a holding company with operations primarily established in China through an operational entity that focuses on manufacturing specialized machinery.
The stock traded up $0.30 on Friday, reaching $4.90, with a trading volume of 1,200,041 shares, surpassing its average of 127,400.
stocks, Chinese, investing