Should You Consider Adding Baidu (BIDU) to Your Portfolio? – Yahoo Finance
Horos Asset Management, an investment management firm, published its fourth quarter 2022 investor letter. A copy of the same can be downloaded here. During the fourth quarter, Horos Value Internacional fund gained 13.7% compared to the benchmark’s return of 0.8% while the yearly return of the fund was 4.9% compared to a 13.0% decline for the benchmark. On the other hand, Horos Value Iberia gained 12.1% in the quarter and fell -5.2% in 2022, compared to an 11.9% gain over the quarter and a 2% rise in the year for the benchmark. In addition, check the fund’s top five holdings to know its best picks in 2022.
Horos Asset Management highlighted stocks like Baidu, Inc. (NASDAQ:BIDU) in the Q4 2022 investor letter. Headquartered in Beijing, China, Baidu, Inc. (NASDAQ:BIDU) is an internet search service provider. On March 17, 2023, Baidu, Inc. (NASDAQ:BIDU) stock closed at $146.84 per share. One-month return of Baidu, Inc. (NASDAQ:BIDU) was 3.62%, and its shares gained 0.11% of their value…
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source: https://news.oneseocompany.com/2023/03/20/should-you-consider-adding-baidu-bidu-to-your-portfolio-yahoo-finance_2023032042277.html
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