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The Recent Beating in Baidu Stock Is a Great Buying Opportunity

The Recent Beating in Baidu Stock Is a Great Buying Opportunity InvestorPlace 2 days ago © Source: StreetVJ / Shutterstock.com A Baidu (BIDU) sign outside a company office in Shenzhen, China. Baidu (NASDAQ: BIDU) shares have been all over the map, as BIDU stock has experienced painful selling pressure after hitting new highs in February. Many investors are growing frustrated with the price action and understandably so. However, if we step back a bit and analyze the situation, it’s simply a great buying opportunity. © Provided by InvestorPlace A Baidu (BIDU) sign outside a company office in Shenzhen, China. Shares are currently down 38% from the February high. Let’s digest that for a second.

Baidu Tops Beijing Autonomous Vehicles Road Test Report for the Third Consecutive Year

Baidu Tops Beijing Autonomous Vehicles Road Test Report for the Third Consecutive Year News provided by Share this article Share this article BEIJING, Feb. 5, 2021 /PRNewswire/ Baidu, Inc. (NASDAQ: BIDU) affirmed its comprehensive leadership position in China s autonomous driving industry with the results of the recently-published 2020 Beijing Autonomous Vehicles Road Test Report, in which Baidu Apollo topped industry peers across every testing category for the third consecutive year. In addition to maintaining the largest fleet of test vehicles and accumulating the highest total testing mileage, Baidu is also the first and only company that has obtained permission to operate fully driverless road tests on public roads in Beijing, which will enable Baidu to spearhead the development of smart transportation in the intelligent era.  

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