Bye-Bye Bears, Buy Buy Baidu (NASDAQ:BIDU) – Seeking Alpha

Summary

• Market conditions and competition have dampened Baidu, Inc.’s growth in advertising. Meanwhile, the emergence of major risk factors and horrific sentiment vis-à-vis Chinese stocks have contributed to a collapse of Baidu shares.
• A dominant position in search, economic moat, network effects, and a compelling mobile ecosystem with a unique database of user behavior data provide the foundations for a bullish assessment of Baidu prospects.
• A healthy balance sheet, solid record of operating cash flow generation, and increasingly compelling valuation add to Baidu stock’s appeal. Profitability is around the corner.
• Baidu’s core advertising business seems poised to resume moderate growth based on Q2 2022 results, as management delivers improved margins and execution.
• Monetization of new growth ventures, including Cloud, AI, Autonomous Driving, to compensate for any advertising (search) slowdown, is gaining traction, and the company may finally contemplate a decisive turnaround.

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source: https://news.oneseocompany.com/2022/11/07/bye-bye-bears-buy-buy-baidu-nasdaqbidu-seeking-alpha_2022110735304.html

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