14 August 2012 11:33

S&P Capital IQ Picks Baidu Focus Stock of the Week

Stock-market

The American Depositary shares (ADSs) of Baidu, Inc. (NASDAQ: BIDU: $131) have been picked by S&P Capital IQ as its Focus Stock of the Week.  BIDU carries S&P Capital IQ's highest investment recommendation of 5-STARS, or Strong Buy.

S&P Capital IQ, a business line of the McGraw-Hill Companies (NYSE: MHP), is a leading provider of multi-asset class and real time data, research and analytics to institutional investors, investment and commercial banks, investment advisors and wealth managers, corporations and universities around the world

"Baidu has become of the best-known, largest and most successful Internet companies in the world," saidScott Kessler, equity analyst at S&P Capital IQ.  "The company is the leading provider of Internet services and we see considerable growth ahead. We believe  China's Internet population, already the largest in the world, continues to grow in size and sophistication, which should lead to more Baidu customers, revenues, and profits.  While we see competition with many large Internet companies and challenges to mobile, we believe Baidu is positioned well an operating effectively.  We view Baidu as offering a unique combination of growth and value." 

To view a video of Mr. Kessler discussing BIDU click on the following link.   Weblink to video

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