Baidu More Than Doubled Its Profits in the 3rd Quarter
In this segment of the Motley Fool Money podcast, host Chris Hill, Million Dollar Portfolio's Jason Moser and Matt Argersinger, and Motley Fool Pro and Options' Jeff Fischer discuss Baidu (NASDAQ: BIDU), which is having a great year.
After the government in Beijing cracked down on the company in 2016 for running paid ads for quack medical treatments, it took a bit of a hit. Now, it's back on track, but there will be some more bumps in the road.
A full transcript follows the video.
Source: Fool.com
Baidu Inc. A ADR Stock
€76.80
1.460%
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 65.36% compared to the current price of 76.8 € for Baidu Inc. A ADR.
