Baidu: Investing For The Future
Over the last couple of weeks, both Baidu (BIDU) and Facebook (FB) have reported that margins were greatly impacted by ramped up spending for mobile. The only difference is that Facebook continues heading to recent highs while Baidu languishes at multi-year lows, appearing as if the stock might head much lower.
Read the full article at Seeking Alpha.
Disclosure: Long BIDU. Please review the disclaimer page.