Baidu (NASDAQ: BIDU ) stock has officially recovered from its slump. At $135, the stock is up about 40% from just a few months ago. What's all the hype about? And is the stock still a buy?
In the following video, tech analysts Eric Bleeker and Daniel Sparks take a closer look at the catalysts behind Baidu stock. As they point out, Baidu's recent success in mobile is a solid sign that the company's surging increase in expenses and future investments is beginning to pay off -- and investors have responded bullishly.
To hear whether Eric and Daniel still think Baidu is a buy, check out the video.
What's driving Baidu's nearly 50% surge in the past six months? The answer is simple: mobile momentum. The Motley Fool has released a free report that gives you the full back story on mobile with its "The Next Trillion-Dollar Revolution" report that tells you what you need to know to profit in the space. The report describes why this seismic shift will dwarf any other technology revolution seen before it and also names the company at the forefront of the trend. You can access this report today by clicking here -- it's free.