Mark Holder
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Mark Holder in Out Fox The $treet,

Out Fox The $treet: October 27, 2017

Stocks to watch on Friday:

Baidu (BIDU) - the stock dipped 10% on Q3 revenues and Q4 guidance. Oddly though, Baidu guided for revenues to surge up to 34%  when excluding disposed businesses. Buy the dip! 

Yelp (YELP) - the CEO of GrubHub (GRUB) continues to tout the partnership as a big catalyst for business going forward. Dumping Eat24 helps eliminate a $4.2 million quarterly loss starting in Q4 though the market might not appreciate the revenue dip until the GrubHub partnership picks up. The stock goes higher, but the reaction after earnings is difficult to predict. 

Alphabet (GOOG, GOOGL) - the search giant remains on a pace to earn $50 per share in 2018. With nearly $140 in cash, the stock is an extreme bargain at $1,000. 

AMD (AMD) - watch the test of the 200ema. The market should quickly return to focusing on annual growth and get over the sequential dip. Look for an entry point probably not till next week. 

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Disclosure: Long BIDU, YELP