Baidu (NASDAQ: BIDU ) is hitting new 52-weeks highs, and that may surprise the boo birds that figured that Qihoo 360's (NYSE: QIHU ) surprising arrival would eat into the Chinese search engine's market dominance.
Qihoo 360 has started to make a dent in Baidu's business, but the Chinese search market is growing so quickly that there's room for more than one winner.
In this video, Rick Munarriz discusses the bullish case for Baidu with Rex Moore, explaining why Qihoo 360's arrival may be a blessing in disguise.
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