Why Now's the Time to Buy Baidu
After Baidu's phenomenal quarter with net income growing 36% and revenue up more than 40%, the stock sold off sharply to the tune of around 10%, driven by the company not living up to Wall Street's incredibly lofty expectations. In this video, Motley Fool tech and telecom analyst Andrew Tonner tells investors why two short-term factors are spooking investors at the moment and why this stock is a screaming buy in the long term.
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The article Why Now's the Time to Buy Baidu originally appeared on Fool.com.Andrew Tonner owns shares of Baidu. The Motley Fool recommends and owns shares of 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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