Reported 1 day ago
Baidu, Inc. (NASDAQ:BIDU), a major Chinese tech company, is highlighted as one of the stocks with strong upside potential according to investor Michael Burry. Despite recent challenges in the advertising sector and competition in China's search market, Baidu is making strides in AI, specifically in cloud computing and self-driving technology. Analysts predict a 22.81% upside from its current price, though concerns remain about monetizing its AI enhancements. Overall, while BIDU shows promise, some believe other AI stocks could offer better returns.
Source: YAHOO