Baidu Will Thrive After Difficult Period
Baidu reports mixed results for Q2 while the market focuses on the length of the regulatory impacts.
The stock continues to trade favorably to domestic Internet companies not facing short-term regulatory impacts.
A couple of catalysts will provide ultimate upside for the stock once this difficult period passes.
Tighter regulation in China continues to impact Baidu (NASDAQ:BIDU) at the same time that Facebook (NASDAQ:FB) and Alphabet (NASDAQ:GOOG)(NASDAQ:GOOGL) are still experiencing explosive growth. The global economy continues shifting aggressively to digital and especially mobile advertising that should ultimately benefit Baidu.
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