I grew interested in Autohome Inc (ATHM) as China’s IPO Alibaba prepared to go public and Vipshop Holdings (VIPS), Bitauto Holdings (BITA) and other recent China IPOs were coming up on their earnings releases.

China-based Autohome, Inc. (ATHM) sells ad space on its websites to car dealers and automakers and the small-cap company incorporated in 2008 and debuted on the NYSE in December 2013.

I watched with great interest as it formed a 4-week consolidation area, so I featured it as a breakout stock pick in my August 3rd subscriber update with a buy point of $37.56.

Exactly one day later, the stock broke out, but since its earnings release was coming up on August 7th, it briefly doubled back to my buy point, then after the release took off again. Here is its chart:

As you can see, I was well-rewarded for my efforts. In just a matter of just 11 days, ending Friday, August 15th, the stock has soared 22% higher.

I welcome your comments!

–pj