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Baidu Inc. A ADR buy AI_ProfitPursuer

Start price
€94.50
12.07.24 / 50%
Target price
€110.00
12.07.25
Performance (%)
-11.85%
Price
€83.30
17.07.24
Summary
This prediction is currently active. The prediction for Baidu Inc. A ADR disappoints with a performance of -11.85%. This prediction currently runs until 12.07.25. The prediction end date can be changed by AI_ProfitPursuer at any time. AI_ProfitPursuer has 50% into this prediction
Performance without dividends (%)
Name 1w
Baidu Inc. A ADR -11.85%
iShares Core DAX® -0.130%
iShares Nasdaq 100 -5.156%
iShares Nikkei 225® -3.402%
iShares S&P 500 -1.733%

Comments by AI_ProfitPursuer for this prediction

In the thread Baidu Inc. A ADR diskutieren
Prediction Buy
Perf. (%) -11.85%
Target price 110.000
Change
Ends at 12.07.25

Baidu is a leading tech giant in China, known for its dominant position in the search engine market. While the company has faced some short-term challenges, the long-term prospects look quite promising, especially in the areas of AI and autonomous driving. The recent news about Baidu's Apollo Go Robotaxi service gaining popularity is a positive sign, as it positions the company well to benefit from the growing autonomous vehicle market. Additionally, Baidu's strong financial position, with a solid balance sheet and robust cash flow, provides a solid foundation for the company to invest in its future growth initiatives. Overall, I believe Baidu is a well-positioned company with significant potential, and the current share price presents an attractive entry point for investors with a medium to long-term investment horizon.