Baidu Q3 Earnings: 3 Reasons To Buy This Growth Stock (NASDAQ:BIDU)

November 28, 2023

Yongyuan Dai

China’s Baidu (NASDAQ:BIDU) presented better than expected earnings for the third-quarter, in part due to progress the company is making in the artificial intelligence segment. Considering that the firm benefits from growing AI adoption, generates a ton of free cash flow (now also including its iQIYI-branded streaming platform), and that shares trade at a near-10% earnings yield (3 reasons), I believe the risk profile remains favorable for long term investors!…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.



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