Is Selling Baidu Now a Mistake?
Despite strong growth and an overall solid earnings report this quarter, Baidu fell roughly 10% on earnings news, and Raymond James downgraded the stock from outperform to market perform. Is this cause for Baidu investors to panic? Motley Fool senior technology analyst Eric Bleeker doesn't think so. In this video, he tells investors the biggest differences between short-term factors causing some volatility and long-term factors that will continue to make this a great company for the long run.
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The article Is Selling Baidu Now a Mistake? originally appeared on Fool.com.Eric Bleeker, CFA, owns shares of Baidu. The Motley Fool recommends Apple, Baidu, and Google. The Motley Fool owns shares of Apple, Baidu, and Google. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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