Baidu.com, Inc. (ADR) (NASDAQ:BIDU)
CAPS Rating:
Baidu is the leading Chinese-language Internet search provider.
Baidu is the leading Chinese-language Internet search provider.
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Recs
Baidu is a long term winner with 70% of Chinese search market.
The rumors of baidu's position being threatend by New competitors like Qihoo have taken the stock down to a very attractive level, as they are overblown. Baidu's is and will remain the Chinese search king. They are imitating google in every way, introducing there own phone platform and will be default search engine on Chinese iPhones. Price target still. 153