Technical Analysis on Qihoo 360 and Trulia: Internet Service Stocks Perform Well PR Newswire LONDON, February 21, 2013 LONDON, February 21, 2013 /PRNewswire/ -- Web-based companies face usual challenges of their respective industries and they also tackle the unique issues presented to internet companies. Trulia Inc. (NYSE: TRLA) is a web-based real estate company. The outfit is currently operating on loss but is likely to start earning profits as the real estate industry shows an uptick. The company is also transforming itself into a mobile internet specific company. Qihoo 360 Technology Co. Ltd. (NYSE: QIHU) is consolidating its position in China and the stock is expected to perform well. StockCall has posted free technical research on Qihoo 360 and Trulia which can be downloaded upon sign up at http://www.stockcall.com/signup Trulia's Moves to Boost its Performance Trulia Inc. provides real estate related services. The company offers novel ways of searching for real estate. Trulia reported healthy growth for its website in the fiscal fourth quarter of the year. It also saw increase in its subscribers. The numbers translated into $20.6 million in revenue for the company. Its full year revenue stood at $68.1 million. The free report on Trulia Inc. can be downloaded by signing up now at http://www.StockCall.com/TRLA022113.pdf While the company's quarterly and annual stats look good, Trulia is dealing with classic Web 2.0 problem. It is still incurring losses. Its 4^th quarter net loss stood at 6 cents per share. However, on the positive side, the losses are narrowing down. Its loss for the previous year quarter stood at 30 cents per share. Trulia is banking on mobile internet to boost its business and to become profitable. The company website had 120 percent higher mobile internet traffic in the fourth quarter. Trulia is planning to focus on mobile access and expects to draw a majority of its traffic from this. While the company still operates at a loss, it also increased its average revenue per advertiser during the fourth quarter. Trulia also has good growth potential compared to its biggest competitor Zillow. However, investors should remain cautious as the sector is still in the infancy stage. Qihoo 360 Making the Right Moves Qihoo 360 Technology deals in security solutions and offers 360 branded browsers. The stock made a strong debut but currently is languishing. However, the future looks bright for the company and the stock looks like an attractive option at its current valuations. It has been marred by anti-trust concerns and had rocky interaction with Apple which finally saw it being kicked off the App Store. Sign up and read the complimentary report on Qihoo 360 Technology Co. Ltd at http://www.StockCall.com/QIHU022113.pdf Qihoo 360 Technology recently inked an unlikely deal with Sohu, as the company previously had public spats with Sohu. However, the deal will help Qihoo 360 Technology in posing a bigger challenge to Baidu. The company is set to announce its fourth quarter earnings on February 22^nd. It is expected to report its revenue at $93.5 million while its EPS is likely to be at 17 cents per share. The company's stock is likely to react positively to earnings announcement. It maintains leadership position in growing Chinese internet space. However, it is also subject to strict Chinese internet regulations, putting a slight dampener on its growth prospects. Qihoo 360 stock is up 10 percent so far this year. The stock also has good prospects as the company has been expanding into the smartphone market. The company recently collaborated with Haier for this purpose. About StockCall.com StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at http://www.stockcall.com SOURCE StockCall.com Contact: William T. Knight, Email: email@example.com, Contact Number: +1-646-396-9857 (9:00 am EST - 01:30 pm EST)
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Technical Analysis on Qihoo 360 and Trulia: Internet Service Stocks Perform Well
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