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Good News for Qihoo 360 Is Good News for Baidu

Rick Aristotle Munarriz
November 20, 2012

It's OK for Baidu(NASDAQ: BIDU) investors to cheer Qihoo 360's (NYSE: QIHU) blowout quarterly results last night.

Contrary to what many analysts may have you believe, Baidu and Qihoo 360 aren't in a battle to the death over search in China. In fact, there's plenty in Qihoo 360's encouraging quarterly report that should inspire Baidu investors to take advantage of the stock's r