Baidu's recent gains have allowed the company to recover from a lengthy pullback. Mobile revenue is on the rise, which has helped reinvigorated investor confidence in the Chinese search giant.
Chinese search giant Baidu (BIDU 0.98%) has had a strong 2013 so far this year, but most of those gains are simply a recovery from a year-long pullback that shares have experienced. The most recent quarter sparked optimism thanks to mobile growth, which is giving investors confidence that the Qihoo 360 (QIHU.DL) threat is overblown.
In the following video, Fool contributor Evan Niu, CFA, and Eric Bleeker, CFA, discuss Baidu's year so far, and where the company goes from here.
Eric Bleeker, CFA, owns shares of Baidu. Fool contributor Evan Niu, CFA, owns shares of Baidu. The Motley Fool recommends Baidu and Google. The Motley Fool owns shares of Baidu and Google. 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.
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