ethinsider

Baidu Repricing If It Breaks 270 Resistance

Long
NASDAQ:BIDU   Baidu, Inc.
Should the market develop positively and the next numbers are good 4/27 (approx.) then we could see a repricing event. Considering that EPS could be double YoY this stock should be trading closer to 350 and command a higher P/E as well as forward P/E

Looking forward to your comments

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