What Are BAT Stocks?

BAT is an acronym referring to Baidu Inc. (BIDU), Alibaba Group Holding Ltd. (BABA) and Tencent Holdings Ltd. (0700.Hong Kong, TCEHY), three large Chinese internet stocks often likened to Alphabet Inc. (GOOG) subsidiary Google, Amazon.com Inc. (AMZN) and Facebook Inc. (FB). The BATs are often compared to the FANGs—or variations—which comprise Facebook, Amazon, Netflix Inc. (NFLX) and Alphabet.