BIDU/N trade ideas
Don't be afraid of BAIDU, its a buy.Despite the stock halving in value in 12 months ,we see a great opportunity to get into this name, just like the other Chinese stocks it has shown enormous strength this week as the major USA stocks got slaughtered. Option traders are also seeing upside potential and betting big on a bullish outcome from the upcoming trade talks.
Entry level above pivot point $105
Target price short term $120
Stop loss below pivot $101
Baidu Inc.A good Fundamental, it will be a good buy below 106
Baidu Inc.
Cyclically adjusted earnings yield:
12%
Dividend yield:
0%
Cash flow yield from operations:
9.2%
Cash flow yield TTM:
6.7%
Growth yield:
12%
Return on net tangible assets:
35%
Return on invested capital:
22%
Growth of revenue:
35%