Cheap and Still Falling, This Is the Best Buy in Tech Today
Mar 19th 2013 9:04PM
Updated Mar 19th 2013 9:06PM
Shares of the Chinese search giant Baidu have fallen 15% over the last three months, including coming down 10% in the past month alone. In this video, Motley Fool tech and telecom analyst Andrew Tonner discusses why this tech stock is oversold and what short-term headwinds facing the company have investors scared off at the moment. He also tells us why this company is going to dominate in the long run and why it's such an obvious buy at these ridiculously low prices.
Regardless of your short-term view on the Chinese economy, there may be opportunity in Baidu (a.k.a. the "Chinese Google"). Our brand-new premium report breaks down the dominant Chinese search provider's strengths and weaknesses. Just click here to access it now.
The article Cheap and Still Falling, This Is the Best Buy in Tech Today originally appeared on Fool.com.Andrew Tonner owns shares of Baidu. The Motley Fool recommends and 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.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.