2 Major Risks Investors Should Know Before Buying Baidu Stock
The last few years have been challenging for most Chinese companies, with many seeing their market capitalization decline by more than 50%.
While most investors shun these Chinese companies, contrarian investors have been busy hunting for good companies that are trading at bargain prices. (NASDAQ: BIDU), a leading Chinese technology company, captured investors' attention lately. A combination of low stock prices and the prospects from its newer ventures in areas like autonomous driving and artificial intelligence (AI) seems promising.
Still, investors should not rush into buying the stock, at least not until they consider these two risks.
Source Fool.com
Baidu Inc. A ADR Stock
€73.40
-1.610%
The stock is an absolute favorite of our community with 36 Buy predictions and no Sell predictions.
As a result the target price of 127 € shows a very positive potential of 73.02% compared to the current price of 73.4 € for Baidu Inc. A ADR.
