U.S. Markets closed

Should Baidu Inc (NASDAQ:BIDU) Be Your Next Stock Pick?

Ray Foley
  • E
    Clouded by trade tariffs against China, BIDU has been dogged unfairly and foolishly. This is a leading tech search stock like Google of China, which diesn’t Sell any ‘gricery’ like Alivaba or Tecent which could have some exposure to tariff threat. Another side news warned a new competition may impose to BIDU should Google enters China’s market. Even this is true, if you have ever lived or been in China, because of language, culture and local establishment, Google is still not equipped to compete with BIDU giant in China. Unlike Google, BIDU’s ha more focus on products that lead multiple segments in China’s market and it will be hard for any new comers to even make a dent in BIDU territory.