In the following video, Motley Fool tech and telecom analyst Andrew Tonner tells investors why he's going to be adding shares of Baidu (NASDAQ:BIDU) to his Real Money Stock Picks portfolio, which he manages on behalf of Fool.com. Baidu, often nicknamed the Google (NASDAQ:GOOGL) of China, maintains over 70% of the Chinese search engine market share, and so far, short-term investor fears that new competitors are going to eat into that market share just haven't materialized. In the video, Andrew discusses some of the short-term concerns investors have about this stock, such as the company's ability to monetize mobile search, and why these fears have only served to make this incredible company such a cheap buy at its current multiple.
- Feb 25, 2013 at 3:41PM
- Technology and Telecom