The Long Investor
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$BIDU - EARNINGS JUST REPORTED -
🕑 Added 2025-02-18 12:20:27 +0000 UTCReport is out and it is a double beat, EPS beat estimates by +33% too.
The report wasn't perfect but with the top lines beating, this was likely factored in and the price is only modestly down -2% in the PM now....whereas it was -6% in HK yesterday, from apparent speculation that their CEO was not invited to a conference attended by XI and MA.
What I would like to see today is a retest of the wedge breakout level at $93.50, a hold here and I will add again
Regardless of its reports, this company is severely undervalued and the report only confirms this further.
Comments
Scott Glover
I had a buy order that got hit 89.99
Gareth Neary
I want more Luc
Luc
I will be patient whit this one, otherwise I feel like I might regret.
Scott Glover
Baba bidu 2025
