Is Baidu the Best Buy in Tech at Below $90?
In the following video, Motley Fool tech and telecom analyst Andrew Tonner takes a look at Baidu's obscenely low price at the moment, as shares have now dipped below $90. Andrew gives investors some of the near-term potential headwinds that have pushed shares down, such as monetizing the mobile space as the company learns how best to tackle that issue, and the emergence of other potential new competitors. He also tells us why these are only short-term issues, and gives us Google as an analogy for Baidu's long-term plans, to show how it is going to crush the Chinese market over the next several years.
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The article Is Baidu the Best Buy in Tech at Below $90? originally appeared on Fool.com.Andrew Tonner owns shares of Baidu. The Motley Fool recommends Baidu and Google. The Motley Fool 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.