China is booming, and so are many of the nation's stocks. Home Inns (NASDAQ:HMIN) went public at $13.80 three months ago and has gone on to triple in price. Trina Solar (NYSE:TSL) went public last month, and it's already trading 24% higher than its $18.50 IPO price.

This brings us to Baidu.com (NASDAQ:BIDU). It is one of China's most talked about stocks, despite the availability of companies like China Life (NYSE:LFC) and China Mobile (NYSE:CHL), which have significantly greater market capitalizations. The leading search engine has come a long way since going public at $27 two summers ago, and the stock has soared since being recommended to Rule Breakers subscribers three months ago.

Have the gains outpaced the fundamentals? Is the stock headed for a fall?

Not all Fools agree. This week, I stand by my initial newsletter recommendation by waxing bullish on the company. Tim Beyers counters with the bearish argument on Baidu.

Does Baidu belong in your portfolio? That's what this week's Duel is all about.

Duel on!

How do you think Baidu will do in the next few weeks? How about the next few years? Join CAPS, the Fool's new community-intelligence stock-rating service, and tell more than 20,000 fellow investors how you feel.

Longtime Fool contributor Rick Munarriz does not hold a position in any company mentioned here. The Fool has a disclosure policy.