Saturday, April 29, 2017

Baidu: Embrace The Growth

Baidu reported Q1 results that beat estimates.
The company returned to revenue growth after two quarters of declines following the new Internet advertising laws in China.
The valuation gap with Alphabet has grown incredibly large suggesting the soon-to-be faster growing Baidu has plenty of upside.
The Q1 '17 results prove that Baidu (NASDAQ:BIDU) is finally emerging from a nearly yearlong bout with tighter Internet advertising regulations in China. The requirement to verify online marketing accounts set the business back nearly a year.
Please see the full article on Seeking Alpha. 

Disclosure: Long Baidu. Please see the disclosure page for more details. 


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