$BIDU Up 30% Pre-Chinese New Year; $200+ Potential
Chinese New Year starts on February 17th.
Historically very bullish for the basket.
$Baidu(BIDU)$ has been nothing short of impressive.
Up almost 30% this month.
BIDU is basically China's google, with AI + autonomous driving businesses on top.
It's the clear leader heading into the Chinese New Year on February 17th.
Earnings expected mid-February too.
Big news out last week too...Just launched a fully autonomous commercial ride-hailing service in Abu Dhabi.
Planning to scale to "hundreds of vehicles by 2026".
Three catalysts in the next month(ish) for $BIDU. If the macro environment behaves, this can see $200+ again.
BIDU is currently $157.
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