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.

HKEX Stocks Opportunities
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