AdamDavis
2023-03-03

$Baidu(BIDU)$ is trading $20 below its average price of $150 in the preceding 12 months. Which means it averaged $150 BEFORE lockdowns were lifted, BEFORE the audit issue was settled, BEFORE it reported a great earnings report with very nice growth numbers, BEFORE it announced the AI chatbot and now BEFORE it announced a big $5 billion buyback. So yes, plenty of upside. We will see $180+ sometime this year.

US Stocks Opportunities
Here are a theme that collects the best quality or your most bullish US stocks, Share your thoughts here!
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.

Comments

Leave a comment
10