(Sogou's Mobile Keyboard App boasts 464 million daily active users.)
Despite playing second fiddle to Baidu (BIDU) in China's online search market, Sogou (SOGO) has done an excellent job managing its business during challenging macro-economic conditions. As mentioned in my prior article, Sogou's operating metrics had already indicated the company was past a business trough. Recently released third quarter earnings further showed Sogou's businesses were slowly regaining positive momentum. Sogou's high cash position, positive cash flow, and accelerating earnings make it a relatively low-risk long-term play on China's still