edinomics

    • edinomicsedinomics
      ·2023-06-23
      Great analysis

      Baidu: The next Alibaba

      @Tiger_Wealth
      Top AI stock pick [By Edmund Chan: CIO of Tiger Fund Management] Here’s a thought experiment. Will you invest in a company that is: A combination of “Google” + “Azure/AWS” + “Tesla” + “OpenAI” + “Netflix” Operates in the second largest economy in the world Trades at 13x P/E and 13% EPS growth If your answer is a resounding “Yes”, Baidu $Baidu(BIDU)$ will be one of your top stock picks. The share price of Chinese companies has experienced a severe downturn in the past 3 years. The market cap of Alibaba has crashed 75% from its peak of $840 billion. While this is a lamentable state of affairs for some, I believe this is an excellent opportunity to invest into Chinese companies. In this space, my top pick is Baidu (@$122.85; 31/05 Close). And I w
      Baidu: The next Alibaba
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    • edinomicsedinomics
      ·2023-06-02

      Baidu: the next Alibaba

      With its dominant #AI capabilities, I believe that #Baidu will be bigger than #Alibaba by 2030! $Baidu(BIDU)$  ‌‌$Alibaba(BABA)$  ‌‌$JD.com(JD)$  ‌‌$CSI CHINA INTERNET UCITS ETF USD(KWEB.UK)$  ‌ Read more here:  https://edxcapital.substack.com/p/baidu-the-next-alibaba
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      Baidu: the next Alibaba
       
       
       
       

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