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Is Baidu, Inc. (BIDU) A Good Stock To Buy Now?

Is BIDU a good stock to buy? We came across a bullish thesis on Baidu, Inc. on La Newsletter De Momentum’s Substack by Momentum Financial. In this article, we will summarize the bulls’ thesis on BIDU. Baidu, Inc.'s share was trading at $112.53 as of March 24th. BIDU’s trailing and forward P/E were 66.78 and 19.12 respectively according to Yahoo Finance.

Baidu, Inc. provides internet content, value-added telecommunication-based, internet map, and online audio and video services in the People's Republic of China. BIDU has transformed itself from a declining search engine...