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A Chinese language Internet search provider.
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KempInTheWoods (89.71) Submitted: 8/17/06 9:00 PM : Start Price: $80.72 BIDU Score: 294.16
A Chinese Google? Hard to beat. Initial "irrational exhuberance" for the stock got hammered out Jan/Feb 2006. Selling at a premium (foreward P/E 50+) but growth potential is obvious (revenue yoy 190%). Not a fly by night operation (1300 employees).
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leperking (96.77) Submitted: 12/27/06 4:12 PM
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Yes, absolutely. In a fast-growing market like China, Baidu should sustain a superior growth!
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CollinsKeith (< 20) Submitted: 3/14/08 4:36 PM
Our only concern with Baidu is that it's quite pricey. But, then look at Google that was pricey to begin with too and looking at the P/E statement it looks like a great bet. But then, one more hurdle... the Chinese government. The argument can be made that Google met adversity in China because Google isn't Chinese and Baidu is, but is this still a concern? Possibly...