4 Reasons to Buy Baidu Stock Like There's No Tomorrow

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4 Reasons to Buy Baidu Stock Like There's No Tomorrow

Motley Fool03-28

Baidu is trading 71% lower than the all-time high it hit 37 months ago.Baidu is trading for less than 10 times adjusted earnings. China's leading growth stock is also an unheralded artificial ...

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The Knight
·03-28
It is a matter of time when the stock starts to trend upwards. Patience is the key word for the stock now. China has went through the worst and it's time to wake up from the dream. I am sure that China market remains attractive once it overcomeS the property bubble which government and banks are trying it's best more than ever. With the one direction policy, it will beat the odds. God blessed the short sellers and I am sure that they will feel more pain in coming months. Cheers.
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China's leading growth stock is also an unheralded artificial ...</p>\n\n<a href=\"https://www.fool.com/investing/2024/03/27/4-reasons-to-buy-baidu-stock-like-theres-no-tomorr/\">Source Link</a>\n\n</div>\n","source":"fool_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 Reasons to Buy Baidu Stock Like There's No Tomorrow</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4 Reasons to Buy Baidu Stock Like There's No Tomorrow\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-28 14:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2024/03/27/4-reasons-to-buy-baidu-stock-like-theres-no-tomorr/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Baidu is trading 71% lower than the all-time high it hit 37 months ago.Baidu is trading for less than 10 times adjusted earnings. China's leading growth stock is also an unheralded artificial ...</p>\n\n<a href=\"https://www.fool.com/investing/2024/03/27/4-reasons-to-buy-baidu-stock-like-theres-no-tomorr/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2237443622.USD","symbol_name":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","start_time":0,"source_url":"https://www.fool.com/investing/2024/03/27/4-reasons-to-buy-baidu-stock-like-theres-no-tomorr/","article_id":"2422917634","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2422917634","pubTimestamp":1711606335,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"The Chinese search engine giant is out of favor, but it won't take much to turn that sentiment around.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU1115378108.SGD":"Eastspring Investments - Global Emerging Markets Dynamic AS SGD","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0061474960.USD":"天利环球焦点基金AU Acc","BK4566":"资本集团","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4077":"互动媒体与服务","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0097036916.USD":"贝莱德美国增长A2 USD","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","LU0640798160.USD":"EASTSPRING INVESTMENTS GLOBAL EMERGING MARKET DYNAMIC \"A\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","BIDU":"百度","BK4561":"索罗斯持仓","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0173614495.USD":"富达中国焦点A","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4514":"搜索引擎","LU0528227936.USD":"富达环球人口趋势基金A-ACC","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","LU0079474960.USD":"联博美国增长基金A","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","LU0082616367.USD":"摩根大通美国科技A（dist）","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","BK4585":"ETF&股票定投概念"},"translate_title":"像没有明天一样购买百度股票的4个理由","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BIDU":1},"content_text":"Baidu is trading 71% lower than the all-time high it hit 37 months ago.Baidu is trading for less than 10 times adjusted earnings. China's leading growth stock is also an unheralded artificial intelligence play.Investing in China is risky, but the headwinds could be priced into the shares. Consider the tailwinds that could be coming.There's not a lot of love for Baidu these days. Shares of the Chinese search engine leader have plummeted more than 70% since peaking three years ago. It's clearly out of favor, but that doesn't mean there isn't still a lot to like here.Baidu deserves better than this time capsule of greatness during the dot-com revolution in China. The stock could be a big winner from here. Let's go over four reasons why now could be a great time to pick up this former growth stock darling.1. Baidu is cheapI'll start with the value investor argument because that is the box that Baidu is checking best these days. With valuations of online leaders skyrocketing for U.S. stocks, you may be surprised at how cheap China's search pioneer is for the most popular valuation metrics.Baidu is currently trading for 13 times trailing reported earnings. If we shift gears to adjusted earnings, Baidu's multiple drops all the way down to 9. There aren't too many titans of tech trading at a trailing adjusted earnings multiple in the single digits. Google parent Alphabet -- a fierce competitor to Baidu two decades ago before pulling out of China -- is currently fetching 26 times trailing earnings.The disparity grows wider if we head to the top line. Baidu is trading at an enterprise value that's 1.3 times last year's revenue. Alphabet's multiple clocks in at 5.8. This isn't a knock on Alphabet. Google is the global leader outside of China, and it's worthy of a market premium. I just want to illustrate how cheap Baidu is when you can buy it for 9 times trailing adjusted earnings and an enterprise value that is just 1.3 times last year's generated revenue.2. The beats keep comingBaidu isn't cheap just by top- and bottom-line multiples. Even last year, when the stock essentially marched in place, Baidu consistently landed well ahead of Wall Street's adjusted earnings targets.QuarterEPS (estimate)EPS (actual)BeatQ1 2023$1.72$2.2529%Q2 2023$2.31$3.0833%Q3 2023$2.32$2.8623%Q4 2023$2.48$3.0423%Source: Yahoo! Finance.Baidu has provided positive quarterly earnings surprises of at least 23% over the past year. The fifth surprise -- a negative but opportunistic one -- is that the stock is trading slightly lower than where it was at the beginning of 2023.Analysts see Baidu posting an adjusted profit per share of $11.06 in 2024 and $12.20 come next year. What if Baidu keeps that streak of 23%-or-better bottom-line beats going? Either the stock finally wakes up and starts to move higher, or you're getting Baidu at less than 7 times next year's adjusted earnings.3. Tech is still a thing at BaiduBaidu has always been more than just a search engine with a cash-rich balance sheet. It puts money to work in various emerging tech industries. Baidu has been working on machine learning, computer vision, and robotics for years. It was an early pioneer in autonomous driving technology.It even mentioned \"AI\" a whopping 62 times in last month's earnings call. Have you seen the rich multiples that investors are giving stateside leaders in artificial intelligence?Baidu's lack of growth is a problem. You have to go back to 2017 to find the last time it topped 20% revenue growth. Last year's 9% top-line climb isn't going to get growth investors excited. However, if just some of its next-gen technologies start to pay off, it's easy to see global investors bidding Baidu up again.4. China's headwind can be a tailwindInvesting in international stocks has its risks, and those potholes widen as we get to China. There are challenges in the country, where censorship and anticapitalist sentiment can eat away at a platform's upside. There is also the growing tension between China and the U.S. and other global trade partners.It's not popular for stateside investors to buy Chinese stocks these days, but geopolitical conditions come and go. Growth also finds a way to rise. Along the way, you have a proven tech leader trading at a historically low valuation. Baidu is so flush with cash that its $36 billion market cap gets whittled down to an enterprise value below $24 billion as a result of its strong net-cash position. Betting on Baidu may be the most contrarian move you can make right now, but it could also be one of the best decisions you make in 2024.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":0},"commentList":[{"id":289180378947760,"gmtCreate":1711610298091,"gmtModify":1711611476079,"author":{"id":"3570437600969291","authorId":"3570437600969291","name":"The Knight","avatar":"https://static.tigerbbs.com/75dcd9b9c7a6f69cb6e3d99df5c339df","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":6,"crmLevelSwitch":1},"htmlText":"It is a matter of time when the stock starts to &nbsp; &nbsp; &nbsp; &nbsp; trend upwards. Patience is the key word for the &nbsp; &nbsp; &nbsp; &nbsp;stock now. China has went through the worst and &nbsp; &nbsp; &nbsp;it's time to wake up from the dream. I am sure that China market remains attractive once it overcomeS the property bubble which government and banks &nbsp; &nbsp; &nbsp;are trying it's best more than ever. With the one &nbsp; &nbsp; &nbsp; direction policy, it will beat the odds. God blessed &nbsp; &nbsp; the short sellers and I am sure that they will feel &nbsp; &nbsp; &nbsp;more pain in coming months. Cheers.","listText":"It is a matter of time when the stock starts to &nbsp; &nbsp; &nbsp; &nbsp; trend upwards. Patience is the key word for the &nbsp; &nbsp; &nbsp; &nbsp;stock now. China has went through the worst and &nbsp; &nbsp; &nbsp;it's time to wake up from the dream. I am sure that China market remains attractive once it overcomeS the property bubble which government and banks &nbsp; &nbsp; &nbsp;are trying it's best more than ever. With the one &nbsp; &nbsp; &nbsp; direction policy, it will beat the odds. God blessed &nbsp; &nbsp; the short sellers and I am sure that they will feel &nbsp; &nbsp; &nbsp;more pain in coming months. Cheers.","text":"It is a matter of time when the stock starts to trend upwards. Patience is the key word for the stock now. China has went through the worst and it's time to wake up from the dream. I am sure that China market remains attractive once it overcomeS the property bubble which government and banks are trying it's best more than ever. With the one direction policy, it will beat the odds. God blessed the short sellers and I am sure that they will feel more pain in coming months. Cheers.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/289180378947760","repostId":2422917634,"repostType":4,"repost":{"id":"2422917634","pubTimestamp":1711606335,"share":"https://www.laohu8.com/m/news/2422917634?lang=&edition=full","pubTime":"2024-03-28 14:12","market":"us","language":"en","title":"4 Reasons to Buy Baidu Stock Like There's No Tomorrow","url":"https://stock-news.laohu8.com/highlight/detail?id=2422917634","media":"Motley Fool","summary":"The Chinese search engine giant is out of favor, but it won't take much to turn that sentiment around.","content":"<html><head></head><body><ul style=\"\"><li><p>Baidu is trading 71% lower than the all-time high it hit 37 months ago.</p></li><li><p>Baidu is trading for less than 10 times adjusted earnings. China&#39;s leading growth stock is also an unheralded artificial intelligence play.</p></li><li><p>Investing in China is risky, but the headwinds could be priced into the shares. Consider the tailwinds that could be coming.</p></li></ul><p>There&#39;s not a lot of love for Baidu these days. Shares of the Chinese search engine leader have plummeted more than 70% since peaking three years ago. It&#39;s clearly out of favor, but that doesn&#39;t mean there isn&#39;t still a lot to like here.</p><p>Baidu deserves better than this time capsule of greatness during the dot-com revolution in China. The stock could be a big winner from here. Let&#39;s go over four reasons why now could be a great time to pick up this former growth stock darling.</p><h2 id=\"id_185550814\">1. Baidu is cheap</h2><p>I&#39;ll start with the value investor argument because that is the box that Baidu is checking best these days. With valuations of online leaders skyrocketing for U.S. stocks, you may be surprised at how cheap China&#39;s search pioneer is for the most popular valuation metrics.</p><p>Baidu is currently trading for 13 times trailing reported earnings. If we shift gears to adjusted earnings, Baidu&#39;s multiple drops all the way down to 9. There aren&#39;t too many titans of tech trading at a trailing adjusted earnings multiple in the single digits. Google parent Alphabet -- a fierce competitor to Baidu two decades ago before pulling out of China -- is currently fetching 26 times trailing earnings.</p><p>The disparity grows wider if we head to the top line. Baidu is trading at an enterprise value that&#39;s 1.3 times last year&#39;s revenue. Alphabet&#39;s multiple clocks in at 5.8. This isn&#39;t a knock on Alphabet. Google is the global leader outside of China, and it&#39;s worthy of a market premium. I just want to illustrate how cheap Baidu is when you can buy it for 9 times trailing adjusted earnings and an enterprise value that is just 1.3 times last year&#39;s generated revenue.</p><h2 id=\"id_3983383551\">2. The beats keep coming</h2><p>Baidu isn&#39;t cheap just by top- and bottom-line multiples. Even last year, when the stock essentially marched in place, Baidu consistently landed well ahead of Wall Street&#39;s adjusted earnings targets.</p><table style=\"border-collapse:collapse;\"><tbody><tr><th style=\"text-align:left;\"><p>Quarter</p></th><th style=\"text-align:left;\"><p>EPS (estimate)</p></th><th style=\"text-align:left;\"><p>EPS (actual)</p></th><th style=\"text-align:left;\"><p>Beat</p></th></tr><tr><td style=\"text-align:left;\"><p>Q1 2023</p></td><td style=\"text-align:left;\"><p>$1.72</p></td><td style=\"text-align:left;\"><p>$2.25</p></td><td style=\"text-align:left;\"><p>29%</p></td></tr><tr><td style=\"text-align:left;\"><p>Q2 2023</p></td><td style=\"text-align:left;\"><p>$2.31</p></td><td style=\"text-align:left;\"><p>$3.08</p></td><td style=\"text-align:left;\"><p>33%</p></td></tr><tr><td style=\"text-align:left;\"><p>Q3 2023</p></td><td style=\"text-align:left;\"><p>$2.32</p></td><td style=\"text-align:left;\"><p>$2.86</p></td><td style=\"text-align:left;\"><p>23%</p></td></tr><tr><td style=\"text-align:left;\"><p>Q4 2023</p></td><td style=\"text-align:left;\"><p>$2.48</p></td><td style=\"text-align:left;\"><p>$3.04</p></td><td style=\"text-align:left;\"><p>23%</p></td></tr></tbody></table><p>Source: Yahoo! Finance.</p><p>Baidu has provided positive quarterly earnings surprises of at least 23% over the past year. The fifth surprise -- a negative but opportunistic one -- is that the stock is trading slightly lower than where it was at the beginning of 2023.</p><p>Analysts see Baidu posting an adjusted profit per share of $11.06 in 2024 and $12.20 come next year. What if Baidu keeps that streak of 23%-or-better bottom-line beats going? Either the stock finally wakes up and starts to move higher, or you&#39;re getting Baidu at less than 7 times next year&#39;s adjusted earnings.</p><h2 id=\"id_2965267117\">3. Tech is still a thing at Baidu</h2><p>Baidu has always been more than just a search engine with a cash-rich balance sheet. It puts money to work in various emerging tech industries. Baidu has been working on machine learning, computer vision, and robotics for years. It was an early pioneer in autonomous driving technology.</p><p>It even mentioned &#34;AI&#34; a whopping 62 times in last month&#39;s earnings call. Have you seen the rich multiples that investors are giving stateside leaders in artificial intelligence?</p><p>Baidu&#39;s lack of growth is a problem. You have to go back to 2017 to find the last time it topped 20% revenue growth. Last year&#39;s 9% top-line climb isn&#39;t going to get growth investors excited. However, if just some of its next-gen technologies start to pay off, it&#39;s easy to see global investors bidding Baidu up again.</p><h2 id=\"id_553719033\">4. China&#39;s headwind can be a tailwind</h2><p>Investing in international stocks has its risks, and those potholes widen as we get to China. There are challenges in the country, where censorship and anticapitalist sentiment can eat away at a platform&#39;s upside. There is also the growing tension between China and the U.S. and other global trade partners.</p><p>It&#39;s not popular for stateside investors to buy Chinese stocks these days, but geopolitical conditions come and go. Growth also finds a way to rise. Along the way, you have a proven tech leader trading at a historically low valuation. Baidu is so flush with cash that its $36 billion market cap gets whittled down to an enterprise value below $24 billion as a result of its strong net-cash position. Betting on Baidu may be the most contrarian move you can make right now, but it could also be one of the best decisions you make in 2024.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 Reasons to Buy Baidu Stock Like There's No Tomorrow</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4 Reasons to Buy Baidu Stock Like There's No Tomorrow\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-28 14:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2024/03/27/4-reasons-to-buy-baidu-stock-like-theres-no-tomorr/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Baidu is trading 71% lower than the all-time high it hit 37 months ago.Baidu is trading for less than 10 times adjusted earnings. China's leading growth stock is also an unheralded artificial ...</p>\n\n<a href=\"https://www.fool.com/investing/2024/03/27/4-reasons-to-buy-baidu-stock-like-theres-no-tomorr/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU1115378108.SGD":"Eastspring Investments - Global Emerging Markets Dynamic AS SGD","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0061474960.USD":"天利环球焦点基金AU Acc","BK4566":"资本集团","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4077":"互动媒体与服务","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0097036916.USD":"贝莱德美国增长A2 USD","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","LU0640798160.USD":"EASTSPRING INVESTMENTS GLOBAL EMERGING MARKET DYNAMIC \"A\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","BIDU":"百度","BK4561":"索罗斯持仓","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0173614495.USD":"富达中国焦点A","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4514":"搜索引擎","LU0528227936.USD":"富达环球人口趋势基金A-ACC","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","LU0079474960.USD":"联博美国增长基金A","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","LU0082616367.USD":"摩根大通美国科技A（dist）","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","BK4585":"ETF&股票定投概念"},"source_url":"https://www.fool.com/investing/2024/03/27/4-reasons-to-buy-baidu-stock-like-theres-no-tomorr/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2422917634","content_text":"Baidu is trading 71% lower than the all-time high it hit 37 months ago.Baidu is trading for less than 10 times adjusted earnings. China's leading growth stock is also an unheralded artificial intelligence play.Investing in China is risky, but the headwinds could be priced into the shares. Consider the tailwinds that could be coming.There's not a lot of love for Baidu these days. Shares of the Chinese search engine leader have plummeted more than 70% since peaking three years ago. It's clearly out of favor, but that doesn't mean there isn't still a lot to like here.Baidu deserves better than this time capsule of greatness during the dot-com revolution in China. The stock could be a big winner from here. Let's go over four reasons why now could be a great time to pick up this former growth stock darling.1. Baidu is cheapI'll start with the value investor argument because that is the box that Baidu is checking best these days. With valuations of online leaders skyrocketing for U.S. stocks, you may be surprised at how cheap China's search pioneer is for the most popular valuation metrics.Baidu is currently trading for 13 times trailing reported earnings. If we shift gears to adjusted earnings, Baidu's multiple drops all the way down to 9. There aren't too many titans of tech trading at a trailing adjusted earnings multiple in the single digits. Google parent Alphabet -- a fierce competitor to Baidu two decades ago before pulling out of China -- is currently fetching 26 times trailing earnings.The disparity grows wider if we head to the top line. Baidu is trading at an enterprise value that's 1.3 times last year's revenue. Alphabet's multiple clocks in at 5.8. This isn't a knock on Alphabet. Google is the global leader outside of China, and it's worthy of a market premium. I just want to illustrate how cheap Baidu is when you can buy it for 9 times trailing adjusted earnings and an enterprise value that is just 1.3 times last year's generated revenue.2. The beats keep comingBaidu isn't cheap just by top- and bottom-line multiples. Even last year, when the stock essentially marched in place, Baidu consistently landed well ahead of Wall Street's adjusted earnings targets.QuarterEPS (estimate)EPS (actual)BeatQ1 2023$1.72$2.2529%Q2 2023$2.31$3.0833%Q3 2023$2.32$2.8623%Q4 2023$2.48$3.0423%Source: Yahoo! Finance.Baidu has provided positive quarterly earnings surprises of at least 23% over the past year. The fifth surprise -- a negative but opportunistic one -- is that the stock is trading slightly lower than where it was at the beginning of 2023.Analysts see Baidu posting an adjusted profit per share of $11.06 in 2024 and $12.20 come next year. What if Baidu keeps that streak of 23%-or-better bottom-line beats going? Either the stock finally wakes up and starts to move higher, or you're getting Baidu at less than 7 times next year's adjusted earnings.3. Tech is still a thing at BaiduBaidu has always been more than just a search engine with a cash-rich balance sheet. It puts money to work in various emerging tech industries. Baidu has been working on machine learning, computer vision, and robotics for years. It was an early pioneer in autonomous driving technology.It even mentioned \"AI\" a whopping 62 times in last month's earnings call. Have you seen the rich multiples that investors are giving stateside leaders in artificial intelligence?Baidu's lack of growth is a problem. You have to go back to 2017 to find the last time it topped 20% revenue growth. Last year's 9% top-line climb isn't going to get growth investors excited. However, if just some of its next-gen technologies start to pay off, it's easy to see global investors bidding Baidu up again.4. China's headwind can be a tailwindInvesting in international stocks has its risks, and those potholes widen as we get to China. There are challenges in the country, where censorship and anticapitalist sentiment can eat away at a platform's upside. There is also the growing tension between China and the U.S. and other global trade partners.It's not popular for stateside investors to buy Chinese stocks these days, but geopolitical conditions come and go. Growth also finds a way to rise. Along the way, you have a proven tech leader trading at a historically low valuation. Baidu is so flush with cash that its $36 billion market cap gets whittled down to an enterprise value below $24 billion as a result of its strong net-cash position. Betting on Baidu may be the most contrarian move you can make right now, but it could also be one of the best decisions you make in 2024.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":4,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}