Autohome (ATHM)
From Cabot Emerging Markets Investor
Autohome (ATHM) is still one of my favorite Chinese stock stories, as the company’s website remains the most popular way for Chinese consumers to get information on new and used cars and also the best way for auto makers and dealers to reach those consumers. ATHM has been in an uptrend since the middle of 2016, which some investors find daunting. But I like a stock with momentum, and, despite the five-day pullback on heavy volume that began on June 21, ATHM still looks like a winning Chinese stock to me.
Paul Goodwin, Cabot Emerging Markets Investor, www.cabotwealth.com, 978-745-5532, July 3, 2018