BIDU - Don't Be Fooled By Baidu's Discount Cloud Wars And Geopolitical Jitters Cloud The Outlook
2024-06-11 12:40:37 ET
Summary
- Baidu's core business stagnating, iQIYI facing challenges, Cloud AI potential growth catalyst caught in Chinese tech giants' price war.
- Baidu's risk/reward profile is misunderstood, and affected by VIE structure and geopolitical risks.
- It's not the right time to invest in BIDU despite the optically cheap valuation.
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Don't Be Fooled By Baidu's Discount, Cloud Wars And Geopolitical Jitters Cloud The Outlook