Baidu (NASDAQ:BIDU) stock has officially recovered from its slump. At $135, the stock is up about 40% from just a few months ago. What's all the hype about? And is the stock still a buy?

In the following video, tech analysts Eric Bleeker and Daniel Sparks take a closer look at the catalysts behind Baidu stock. As they point out, Baidu's recent success in mobile is a solid sign that the company's surging increase in expenses and future investments is beginning to pay off -- and investors have responded bullishly.

To hear whether Eric and Daniel still think Baidu is a buy, check out the video.

Fool contributor Daniel Sparks has no position in any stocks mentioned. Eric Bleeker, CFA, owns shares of Baidu. The Motley Fool recommends and owns shares of Baidu and LinkedIn. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.