Baidu Stock Nears Pandemic Lows: Is This a Buying Opportunity?
BIDUBIDU(BIDU) MarketBeat·2024-07-08 19:11

Baidu TodayBIDUBaidu88.971.09 (1.2188.97 -1.09 (-1.21%) 52-Week Range85.08▼156.98P/ERatio11.91PriceTarget156.98P/E Ratio11.91Price Target156.64Add to WatchlistChinese technology stocks have been taking a tumble in 2024. A combination of geopolitical and trade tensions, macroeconomic uncertainty, and growth slowdown have been negative drivers that have caused investors to rethink the potential of these companies. Amongst the ruble, some companies are hitting valuations that are too good to pass up. Baidu Inc. NASDAQ: BIDU is widely considered the “ ...