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$Baidu(BIDU)$ $BIDU-SW(09888)$

3 Reasons Baidu Stock Can Bounce Back in 2024

-Baidu is a bargain. It has shown single-digit or negative revenue growth in four of the last five years. Currently, it trades at a low multiple of earnings. The multiple drops even lower when considering adjusted earnings and enterprise value.

-It's not losing the beat. Baidu has consistently beaten analyst estimates for adjusted earnings in the last five consecutive quarters by at least 23%. This contrast between strong reports and the stock's performance presents an opportunity.

-It could be the next great AI stock. Although not currently seen as an AI stock by the market, Baidu has been involved in AI development for years, including machine learning, robotics, and autonomous driving. However, it hasn't capitalized on its early lead to regain significant growth.

For a company that has been publicly traded for 19 years and proven itself to investors, the current valuation may be unduly low. Betting against a Baidu rebound could be a mistake.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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It has shown single-digit or negative revenue growth in four of the last five years. Currently, it trades at a low multiple of earnings. The multiple drops even lower when considering adjusted earnings and enterprise value.</p><p>-It's not losing the beat. Baidu has consistently beaten analyst estimates for adjusted earnings in the last five consecutive quarters by at least 23%. This contrast between strong reports and the stock's performance presents an opportunity.</p><p>-It could be the next great AI stock. Although not currently seen as an AI stock by the market, Baidu has been involved in AI development for years, including machine learning, robotics, and autonomous driving. However, it hasn't capitalized on its early lead to regain significant growth.</p><p>For a company that has been publicly traded for 19 years and proven itself to investors, the current valuation may be unduly low. Betting against a Baidu rebound could be a mistake.</p></body></html>","htmlText":"<html><head></head><body><p><a data-mention-id=\"BIDU\" class=\"teditor-mention\" data-mention-name=\"Baidu\" href=\"https://ttm.financial/S/BIDU\">$Baidu(BIDU)$</a>  <a data-mention-id=\"09888\" class=\"teditor-mention\" data-mention-name=\"BIDU-SW\" href=\"https://ttm.financial/S/09888\">$BIDU-SW(09888)$</a> <v-v data-views=\"1\"></v-v> </p><p>3 Reasons Baidu Stock Can Bounce Back in 2024</p><p>-Baidu is a bargain. It has shown single-digit or negative revenue growth in four of the last five years. Currently, it trades at a low multiple of earnings. The multiple drops even lower when considering adjusted earnings and enterprise value.</p><p>-It's not losing the beat. Baidu has consistently beaten analyst estimates for adjusted earnings in the last five consecutive quarters by at least 23%. This contrast between strong reports and the stock's performance presents an opportunity.</p><p>-It could be the next great AI stock. Although not currently seen as an AI stock by the market, Baidu has been involved in AI development for years, including machine learning, robotics, and autonomous driving. However, it hasn't capitalized on its early lead to regain significant growth.</p><p>For a company that has been publicly traded for 19 years and proven itself to investors, the current valuation may be unduly low. Betting against a Baidu rebound could be a mistake.</p></body></html>","text":"$Baidu(BIDU)$ $BIDU-SW(09888)$ 3 Reasons Baidu Stock Can Bounce Back in 2024 -Baidu is a bargain. It has shown single-digit or negative revenue growth in four of the last five years. Currently, it trades at a low multiple of earnings. The multiple drops even lower when considering adjusted earnings and enterprise value. -It's not losing the beat. Baidu has consistently beaten analyst estimates for adjusted earnings in the last five consecutive quarters by at least 23%. This contrast between strong reports and the stock's performance presents an opportunity. -It could be the next great AI stock. Although not currently seen as an AI stock by the market, Baidu has been involved in AI development for years, including machine learning, robotics, and autonomous driving. However, it hasn't capitalized on its early lead to regain significant growth. For a company that has been publicly traded for 19 years and proven itself to investors, the current valuation may be unduly low. 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