ZACKS·2025-11-19 21:25Core Insights - The market is anticipating Nvidia's Q3 report while several Chinese tech firms have reported impressive quarterly results, indicating potential for further upside in these stocks [1] Company Summaries Baidu (BIDU) - Baidu's Q3 results exceeded expectations, driven by AI-driven businesses such as AI Cloud and robotaxi services, which offset traditional advertising weaknesses [2] - Baidu's Q3 earnings per share (EPS) were $1.56, beating expectations of $1.20 by 30%, despite a decline from $2.37 in the same quarter last year [4] - Baidu trades at approximately $115 with a forward P/E ratio of 16X, making it more attractive compared to Alphabet, which trades at 27X forward earnings [3][4] PDD Holdings (PDD) - PDD Holdings, benefiting from China's large population, reported Q3 EPS of $2.96, surpassing estimates of $2.21 by nearly 34% [5] - The company operates both domestic (Pinduoduo) and international (Temu) shopping platforms, making it a significant player in the e-commerce sector [5] Trip.com (TCOM) - Trip.com, recognized as China's largest online travel company, reported Q3 EPS of $3.87, exceeding expectations of $1.15 by 236% [6] - The strong performance is attributed to a surge in international travel demand, recovery in domestic travel, and effective cost management [6] Market Outlook - Following the significant Q3 earnings beats, EPS revisions for these tech stocks are expected to rise, indicating potential for further growth [7] - The recent pullback in Chinese equities has created attractive entry points for long-term investors [7]