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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 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 $117.94 as of July 1st. BIDU’s trailing and forward P/E were 78.19 and 25.91 respectively according to Yahoo Finance.

[caption id="attachment_350618" align="aligncenter" width="750"] Gil C / Shutterstock.com[/caption]

Baidu, Inc. provides internet content, value-added telecommunication-based, internet map, and online audio and...