Google (NASDAQ:GOOGL) has become the darling of Wall Street as institutional investors pour money into the stock and analysts continue to increase their price targets. However, the stock has pulled back 4% recently. In the video below, Fool.com's Alison Southwick asks contributor Daniel Sparks whether the pullback presents a buying opportunity.
Next, Daniel points to Baidu (NASDAQ:BIDU) as another solid option for those who want to invest in search. At just 18 times earnings, Baidu looks like a great deal in light of Google's hefty premium.
Fool contributor Daniel Sparks has no position in any stocks mentioned. The Motley Fool recommends Google. The Motley Fool owns shares of Google. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
More from The Motley Fool
CES 2018: 5 Developments You Need to Know About
CES always promises exciting new ideas, and this year’s event was no different.
Is Energy Storage the Key to Unlocking the "Smart" in Smart Homes?
Tech companies have had a hard time making the smart home a reality, but energy storage could change the dynamic.
How Big Tech Is Profiting by Selling AI-as-a-Service
The nascent technology of artificial intelligence is more widely used than you may think.