Why Baidu, First Solar, and Alpha Natural Resources Jumped Today

Stocks bounced back from two straight losing sessions, but broad-market gains were modest compared to how these three stocks did. Find out more about what made them soar.

Apr 8, 2014 at 8:05PM

The stock market bounced back Tuesday, showing modest gains after two straight days of dramatic losses. The tech-heavy Nasdaq got most of the benefit from the bounce, climbing almost 1%, while other market indexes had to make do with much smaller gains. Nevertheless, for investors in Baidu (NASDAQ:BIDU), First Solar (NASDAQ:FSLR), and Alpha Natural Resources (NYSE:ANR), today's gains were especially sweet, as those stocks were among the best performers in the market Tuesday.

Baidu gained 5% on a strong day for Chinese stocks in general, with the added bonus of reports of a possible deal between its Qunar travel website and industry rival Ctrip.com International (NASDAQ:CTRP). Although discussions are reportedly at an early stage and could involve anything from a takeover to a strategic partnership, Baidu could benefit greatly from taking a bigger role in the online travel industry. As more Chinese residents become more prosperous and can afford to travel, the online trip-planning portal will be increasingly lucrative. Moreover, using Baidu's search prowess will give any combined entity a valuable competitive advantage.


First Solar rose 7%, leading all of its peers in the S&P. The momentum-sensitive stock gained back all the ground it lost late last week and yesterday, as shareholders look favorably on the combination of First Solar's strong presence in the utility-scale solar market and the company's new plans to work itself into the residential and small-commercial market. Despite concerns about the sustainability of utility-scale project sales, First Solar has the financial resources and the experience to challenge its solar rivals. Still, bullish investors will want to watch closely to make sure that First Solar's ambitious earnings guidance for the next few years won't prove unreachable.

Alpha Natural Resources also picked up 7%, with coal stocks in general reacting favorably to positive comments from various players in the industry. Today another of Alpha Natural's peers raised its guidance for coal production by roughly 3%, citing higher demand for thermal coal used for electricity production. The outlook for metallurgical coal used in steel production isn't yet as strong, but today's positive performance in China could also change that outlook in the long run. With Alpha Natural Resources beaten down recently, even a glimmer of good news could be enough to keep it and the rest of the sector moving higher for the foreseeable future.

3 stocks poised to be multi-baggers
The one sure way to get wealthy is to invest in a groundbreaking company that goes on to dominate a multibillion-dollar industry. Our analysts have found multi-bagger stocks time and again. And now they think they've done it again with three stock picks that they believe could generate the same type of phenomenal returns. They've revealed these picks in a new free report that you can download instantly by clicking here now.

Dan Caplinger has no position in any stocks mentioned. The Motley Fool recommends Baidu and Ctrip.com International. The Motley Fool owns shares of Baidu. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Money to your ears - A great FREE investing resource for you

The best way to get your regular dose of market and money insights is our suite of free podcasts ... what we like to think of as “binge-worthy finance.”

Feb 1, 2016 at 5:03PM

Whether we're in the midst of earnings season or riding out the market's lulls, you want to know the best strategies for your money.

And you'll want to go beyond the hype of screaming TV personalities, fear-mongering ads, and "analysis" from people who might have your email address ... but no track record of success.

In short, you want a voice of reason you can count on.

A 2015 Business Insider article titled, "11 websites to bookmark if you want to get rich," rated The Motley Fool as the #1 place online to get smarter about investing.

And one of the easiest, most enjoyable, most valuable ways to get your regular dose of market and money insights is our suite of free podcasts ... what we like to think of as "binge-worthy finance."

Whether you make it part of your daily commute or you save up and listen to a handful of episodes for your 50-mile bike rides or long soaks in a bubble bath (or both!), the podcasts make sense of your money.

And unlike so many who want to make the subjects of personal finance and investing complicated and scary, our podcasts are clear, insightful, and (yes, it's true) fun.

Our free suite of podcasts

Motley Fool Money features a team of our analysts discussing the week's top business and investing stories, interviews, and an inside look at the stocks on our radar. The show is also heard weekly on dozens of radio stations across the country.

The hosts of Motley Fool Answers challenge the conventional wisdom on life's biggest financial issues to reveal what you really need to know to make smart money moves.

David Gardner, co-founder of The Motley Fool, is among the most respected and trusted sources on investing. And he's the host of Rule Breaker Investing, in which he shares his insights into today's most innovative and disruptive companies ... and how to profit from them.

Market Foolery is our daily look at stocks in the news, as well as the top business and investing stories.

And Industry Focus offers a deeper dive into a specific industry and the stories making headlines. Healthcare, technology, energy, consumer goods, and other industries take turns in the spotlight.

They're all informative, entertaining, and eminently listenable. Rule Breaker Investing and Answers are timeless, so it's worth going back to and listening from the very start; the other three are focused more on today's events, so listen to the most recent first.

All are available for free at www.fool.com/podcasts.

If you're looking for a friendly voice ... with great advice on how to make the most of your money ... from a business with a lengthy track record of success ... in clear, compelling language ... I encourage you to give a listen to our free podcasts.

Head to www.fool.com/podcasts, give them a spin, and you can subscribe there (at iTunes, Stitcher, or our other partners) if you want to receive them regularly.

It's money to your ears.


Compare Brokers