Shares of Baidu (BIDU +2.67%) are hovering just below their 52-week high a day after the company reported some impressive numbers. According to Motley Fool analyst Matthew Argersinger, what was most impressive was the company's dedication to reinvesting in itself. One indicator of this was that while revenue was up 42%, profits were only up 1%; a large part of that was due to Baidu putting its money toward its new mobile applications. But many U.S. investors are still hesitant about investing in Chinese stocks, which may dissuade some from putting their faith in Baidu. But Matt believes that although the risks of investing in China are greater than investing in the U.S., Baidu may be worth it.
Baidu Is Blowing Up
By Mark Reeth and Matthew Argersinger – Oct 30, 2013 at 2:00PM
NASDAQ: BIDU
Baidu
Market Cap
$32B
Today's Change
(2.67%) $3.05
Current Price
$117.16
Price as of November 18, 2025 at 3:58 PM ET
Shares of Baidu are just below a 52-week high the day after the company announced impressive earnings.
About the Author
Mark Reeth wasn't born incredibly handsome, like so many are--he had to work hard to get to where he is today. Thankfully, through much blood, sweat, and hair products, Mark Reeth is now one incredibly good-looking Consumer Goods Editor. But Mark Reeth wasn't born a Consumer Goods Editor--he started as a writer for Fool.com, became a Blog Editor, and now loves reading all the latest Consumer Goods news. If you want to read all the latest Consumer Goods news, follow him on Twitter @ChristmasReeth.