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Posted by
Two Blokes Jun 30 -
Filed in
Stock
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8 views
Baidu trades at a deep discount to equity, with a strong balance sheet, significant cash position, and improving margins, making it a compelling value play. China's recent policy shift, potential rate cuts, and a $5B buyback program could catalyze better capital allocation and renewed growth. Risks include heavy reliance on search, political uncertainty, and slow diversification, but investments in AI, cloud, and autonomous driving offer upside.
