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Technology Stocks : Baidu (BIDU) -- Ignore unavailable to you. Want to Upgrade?


To: ChinuSFO who wrote (1451)1/26/2011 9:07:41 AM
From: manalagi  Read Replies (1) | Respond to of 2098
 
January 25, 2011
10:42p
S&P REITERATES BUY OPINION ON ADSS OF BAIDU

(Standard & Poor's)
We continue to view BIDU as extremely well positioned as the Internet search leader in China, home to the world's largest national online population. We believe the company has continued to benefit from Google's (GOOG 620, Buy) challenges in the country, in terms of search market-share and related advertising activity and revenues. Moreover, the company has been investing in its technology and advertising platforms, and new offerings. Despite a high relative '11 P/E of 43X, we see strong growth, a below-peers' PEG ratio, widening margins, and a healthy balance sheet.