In the following video, Motley Fool tech and telecom analyst Andrew Tonner takes a look at Baidu's (NASDAQ:BIDU) obscenely low price at the moment, as shares have now dipped below $90. Andrew gives investors some of the near-term potential headwinds that have pushed shares down, such as monetizing the mobile space as the company learns how best to tackle that issue, and the emergence of other potential new competitors. He also tells us why these are only short-term issues, and gives us Google (NASDAQ:GOOGL) as an analogy for Baidu's long-term plans, to show how it is going to crush the Chinese market over the next several years.
- Feb 21, 2013 at 6:48PM
- Technology and Telecom