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Baidu: Mobile Dominance Provides Catalysts

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  • Baidu continues building a dominant position in the mobile search market in China.
  • The market has several catalysts that will naturally grow the opportunity for the stock.
  • Baidu remains attractively valued in comparison to other Internet giants.
After about a year of going nowhere, Baidu (NASDAQ:BIDU) appears ripe to build on the recent rally from early May. The Chinese Internet search giant remains a mostly underappreciated stock despite many catalysts for growth. The stock sits around $207, a level that is toward the bottom of the range for the last year.

Read the full article on Seeking Alpha.


Disclosure: Long BIDU. Please review the disclaimer page for more details. 



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