Here's Why The Best Is Yet to Come for Baidu, Inc.
Baidu (NASDAQ: BIDU) has been a laggard in the Chinese tech industry over the past year due to a government crackdown on its advertising practices, weak sales growth, and the rising costs of countering ecosystem rivals like Tencent (NASDAQOTH: TCEHY) and Alibaba (NYSE: BABA).
Over the past 12 months, shares of Baidu rose 16%. That doesn't seem too bad until we consider that Tencent and Alibaba, the other two companies in the "BAT triumvirate," respectively rallied about 60% and 80% during that same period.
Source: Fool.com
NVIDIA Corp. Stock
Our community is currently high on NVIDIA Corp. with 193 Buy predictions and 9 Sell predictions.
With a target price of 110 € there is a slightly positive potential of 5.65% for NVIDIA Corp. compared to the current price of 104.12 €.