In today's video, Fool.com analyst Andrew Tonner discusses a major storyline surrounding much-followed Chinese tech stock Baidu. Coming into noon, share prices are down around 3%, driven by a downgrade from Jefferies. The reason cited is increased competition from Qihoo 360, a popular web browser in China, which recently launched a search engine to compete directly with Baidu.
To learn what this means for the "Chinese Google," be sure to check out the video above. And if you're a current Baidu shareholder or simply interested in keeping tabs on this top tech stock going forward, you'll want to take a look at Andrew's brand-new premium report on the company. In it, he breaks down this dominant Chinese search provider's strengths and weaknesses, as well as buy/sell indicators to keep an eye on. For a full year, Andrew will also keep you updated on Baidu's status as key news breaks. To start reading now, just click here for access.
