Technical Analysis on Qihoo 360 and Trulia: Internet Service Stocks Perform Well

 Technical Analysis on Qihoo 360 and Trulia: Internet Service Stocks Perform

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

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 

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 

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.

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