Baidu's Stock Is on Sale. Should You Buy? The Motley Fool
Most stocks, no matter how well they perform, eventually hit a rough patch that can serve as an excellent entry point for opportunistic investors. That may be the situation Baidu (NASDAQ:BIDU) currently finds itself in. Between the U.S.-China trade war and a decelerating economy, the internet tech giant has been feeling the pressure from multiple angles. As a result, Baidu's shares are down by about 50.7% from a year ago. Further, Baidu's valuation is down as well, trading at just 7.90 times past and 15.57
Oct-10-2019, 17:41:48 GMT