After falling dramatically, shares of Chinese search power Baidu (NASDAQ:BIDU) have recovered impressively over the last several months. As a company with some serious long-term growth drivers behind it, Baidu's stock trading well below $100 simply didn't make sense. However, even with a high stock price that could be described as "fairly valued," massive tailwinds remain firmly in place.
So what does that mean for those looking at the search stalwart today? Has it become too pricey to buy or are there still gains for those looking to buy? In this video, tech and telecom analyst Andrew Tonner looks at some of the recent goings-on at Baidu and discusses whether investors should still think about buying this growth giant today.
Fool contributor Andrew Tonner owns shares of Baidu. Follow Andrew and all his writing on Twitter at @AndrewTonner. The Motley Fool recommends and owns shares of Baidu and 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.