Baidu: Resuming Growth In 2023
- Baidu should see a rebound in the digital ad market similar to the jump in 2021 before covid lockdowns in 2022 disrupted growth again.
- Apollo Go remains a massive growth driver in the years ahead as Baidu accelerates launch in additional areas.
- The stock is cheap at just 12x '23 EPS targets while Baidu has catalysts for strong growth.
- This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More »