(Sogou's search homepage)
The past year has been horrific for Sogou (SOGO) investors after the stock dropped over 70% from its peak last June. It's not entirely surprising given indications of a slowing Chinese economy combined with growing trade tensions with the US. While a good portion of SOGO's drop was company specific, the degree of the devaluation appears excessive. Sogou may lack near-term catalysts, but the company's large cash position can offer lower risk income possibilities for investors.
Cash And Cash Flow
As reported in SOGO's Q1 earnings report, the