Baidu (BIDU) Almost Comes Full Circle
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Baidu (Nasdaq: BIDU) almost comes full circle dropping from $400 on last Wednesday to just above $300 on Monday of this week. Today, one week later, Baidu is trending back up to the $400 level, trading at $366 currently. Baidu, the Chinese search engine, has grown by trying to become the Google (Nasdaq: GOOG) of China. You can view Baidu's webpage at www.Baidu.com.
Baidu is still a favorite of many investors, including Jim Cramer. BIDU is a high-flying stock and I would be careful jumping in Baidu without a stop-loss.
Baidu is still a favorite of many investors, including Jim Cramer. BIDU is a high-flying stock and I would be careful jumping in Baidu without a stop-loss.
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