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Baidu: Very Deep Safety Margin
BIDUBIDU(BIDU) Seeking Alpha·2024-06-22 04:40
V2images Baidu (NASDAQ:BIDU) is a highly profitable Chinese large-cap investment in the tech industry. Although Baidu delivered a decent earnings sheet for the first fiscal quarter, persistent investor skepticism with regard to Chinese tech companies continues to prevent a revaluation of Baidu’s shares. Baidu saw continual recovery gains in the digital advertising market in Q1'24 and is generating a ton of free cash flow, which in part is now being contributed by the company's popular video streaming pl ...