Why I'm Buying the Best Value in Tech... Again
Feb 25th 2013 3:41PM
Updated Feb 25th 2013 5:00PM
In the following video, Motley Fool tech and telecom analyst Andrew Tonner tells investors why he's going to be adding shares of Baidu to his Real Money Stock Picks portfolio, which he manages on behalf of Fool.com. Baidu, often nicknamed the Google of China, maintains over 70% of the Chinese search engine market share, and so far, short-term investor fears that new competitors are going to eat into that market share just haven't materialized. In the video, Andrew discusses some of the short-term concerns investors have about this stock, such as the company's ability to monetize mobile search, and why these fears have only served to make this incredible company such a cheap buy at its current multiple.
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The article Why I'm Buying the Best Value in Tech... Again originally appeared on Fool.com.Andrew Tonner owns shares of Baidu. The Motley Fool recommends Baidu and Google. The Motley Fool owns shares of Baidu and Google. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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