Baidu is a buy before Q3 earnings report. The -35.63% YTD performance has made Baidu undervalued against its search engine peers.
My fearless forecast is that BIDU will beat the FQ3 2022 estimate of $2.20 and revenue estimate of $4.42 billion.
If you are a trader, you'd better go long on BIDU before its November 22 Q3 ER report. Candlestick, RSI, and stochastic indicators are bullish for BIDU.
Aside from its dominant search engine business, Baidu is at the forefront of Artificial Intelligence.
Baidu has a strong tailwind from the 39.4% CAGR of the $422.37 billion global artificial intelligence market.
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