Better Chinese Tech Stock: Alibaba vs. Baidu
Alibaba (NYSE: BABA) and Baidu (NASDAQ: BIDU), two of China's largest tech companies, recently posted their latest earnings reports.
Alibaba disappointed investors with a top-line miss that represented its slowest growth rate as a public company, and its stock sank to its lowest levels in more than five years. Baidu beat analysts' expectations on the top and bottom lines, and its stock held steady in this wobbly market.
Does Baidu's resilience make it a better buy than Alibaba? Let's take a fresh look at these two Chinese tech titans to decide.
Source Fool.com
