Baidu: Another Gift

Baidu trades down $25 due to the departure of the COO from daily activities.
The company has a long history of growth without the involvement of Qi Lu.
The stock continues to trade favorably to domestic peers despite massive margins.
Despite being a dominant player in the fast-growing internet space in China, Baidu (BIDU) consistently trades at a discount to American peers. The departure of a key executive and an analyst downgrade provide another gift to own this stock on a $25 dip and at levels from back in 2014.
Read the full article at Seeking Alpha. 

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

Comments

Your contents are completely awesome and share worthy. I really appreciate your efforts that you put on this. Keep sharing. For more New Trades Career related information visit New Trades Career

Popular posts from this blog

Stat of the Day: Leading Indicators Jump Again

Kohl's: Worth $75 Without Financial Engineering

Out Fox The $treet - December 13, 2019