Baidu: A Story of Building Mobile Momentum
Baidu stock has officially recovered from its slump. At $135, the stock is up about 40% from just a few months ago. What's all the hype about? And is the stock still a buy?
In the following video, tech analysts Eric Bleeker and Daniel Sparks take a closer look at the catalysts behind Baidu stock. As they point out, Baidu's recent success in mobile is a solid sign that the company's surging increase in expenses and future investments is beginning to pay off -- and investors have responded bullishly.
To hear whether Eric and Daniel still think Baidu is a buy, check out the video.
What's driving Baidu's nearly 50% surge in the past six months? The answer is simple: mobile momentum. The Motley Fool has released a free report that gives you the full back story on mobile with its "The Next Trillion-Dollar Revolution" report that tells you what you need to know to profit in the space. The report describes why this seismic shift will dwarf any other technology revolution seen before it and also names the company at the forefront of the trend. You can access this report today by clicking here -- it's free.
The article Baidu: A Story of Building Mobile Momentum originally appeared on Fool.com.
Fool contributor Daniel Sparks has no position in any stocks mentioned. Eric Bleeker, CFA, owns shares of Baidu. The Motley Fool recommends and owns shares of Baidu and LinkedIn. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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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