Baidu: Hidden Value
Baidu remains a hidden tech giant in a market of $500 billion global giants.
The Chinese search leader is returning to 30% revenue growth.
The company has several hidden assets that the market is currently not ascribing any value.
After a few years in self-imposed purgatory due to surging costs on new initiatives, Baidu (NASDAQ:BIDU) is finally back to generating the massive profits from substantial revenue growth of the past. The combination of dumping the high-cost services businesses and a return to a healthy search market has the internet search giant of China back onto a path to higher stock prices.
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Disclosure: Long BIDU. Read the disclaimer page for more details.
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