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Is Baidu a good investment

Updated: 9/14/2023
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Mbud

Lvl 1
15y ago

Best Answer

Baidu is the first Chinese search engine to get approval to run a news service. People are comparing it to Google, but I don't think that's quite accurate--it looks more like a fledgling Yahoo to me. The major advantage of this stock is its uniqueness: while dot-com plays are old hat, this one's in China where the internet is still largely uncharted territory. The major DISadvantage of it is that it's in a communist country that could shut down the Internet if it decides it's interfering with the revolution. Something that really makes me happy about Baidu's chances is that their management is no joke: the man who created Infoseek's search engine built Baidu's. Baidu COULD be a good investment, if you're willing to ride out its extreme volatility (over the last 52 weeks, it's varied by over $200 per share) and if you're willing to keep a $195 put under it.

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15y ago
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