Baidu Stock: Ride the Cloud to Profits
31 Mai 2022 - 04:06PM
TipRanks
Beijing-headquartered Baidu (BIDU) provides artificial intelligence
(AI), cloud, and Internet search services in China. I am bullish on
the stock. There's no denying it, investing in Chinese technology
businesses has been a challenge. The nation's crackdown on
tech-related businesses, based on security concerns, has been well
documented. This factor could cause some traders to avoid Baidu
stock, based on fear that Baidu can't thrive in this restrictive
environment. On top of that, some investors may be worried about
restrictions in China due to the COVID-19 pandemic. This is a valid
concern, so Baidu's financial results should be monitored
carefully.
https://www.tipranks.com/news/article/baidu-stock-ride-the-cloud-to-profits?utm_source=advfn.com&utm_medium=referral
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