Investment Review day 7 of 50: Baidu $BIDU
Baidu (BIDU) is China’s leading internet search engine, offering a variety of services like digital marketing, cloud computing, and video streaming through its subsidiary iQIYI.
Investor sentiment towards Chinese tech companies remains cautious due to past government interventions, and this, combined with a softer advertising market, has contributed to Baidu’s valuation downfall. However, the company’s strong free cashflow generation and potential for AI-driven growth suggest a possible revaluation is in the cards.
Similar to my investment in JD.com, I bought Baidu hoping to mitigate the risk of the US acceeding some of its geopolitical relevance to China. The investment has gone very badly for me, but I’m sticking with the story, as it’s rarely a mistake to hold a market leader.
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I’m putting my holdings under the microscope. Over the next 50 days I’ll break down my whole investment portfolio. Wins, losses, and the ‘why’ behind it all. And on day 50 I’m going to share the full portfolio! Follow me and let’s learn together! #StockAnalysis #50daychallenge #investing
