Buy The Dip: Baidu's Strong Fundamentals Amidst Market Overreaction
January 15, 2024 at 20:46 PM EST
Baidu's recent stock dip is an overreaction, providing a favorable buying opportunity with the company's strong PR response. The market is expected to correct soon. Daiwa concurs, stating that Baidu's selloff due to the SCMP article is overdone.