3 Reasons Why I’m Staying Away From Baidu Shares

Baidu Inc (NASDAQ: BIDU) is a Chinese company well known for its search engine and online advertising business. Its success can be highly attributed to Google's departure from China in 2010.

But in an increasingly competitive technology landscape, you might want to consider alternative technology giants such as Tencent Holdings Ltd (SEHK: 700) and Alibaba Group Holding Ltd (NYSE: BABA). That's because Baidu has been on a downward trend for some time. Although bargain hunters may be rejoicing, here are three reasons why I'm staying away from Baidu Shares.

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Source Fool.com