Better Growth Stock: Baidu vs. Alibaba
Baidu (NASDAQ: BIDU) and Alibaba (NYSE: BABA) were both once considered relatively safe plays on the Chinese economy's long-term growth. Baidu owns the country's leading search engine, while Alibaba operates its largest e-commerce marketplaces and its most widely used cloud infrastructure platform.
But over the past three years, Baidu's stock declined 60% as Alibaba's stock sank 68%. Let's see why these two Chinese tech stalwarts stumbled, and if either one is still worth buying as a turnaround play.
Image source: Getty Images.
Source Fool.com
Alibaba Group Holding Ltd ADR Aktie
111,20 €
0,91 %
Einzigartige Zustimmung für Alibaba Group Holding Ltd ADR mit ausschließlich Buy-Einschätzungen.
Eine erhebliche Steigerung um mehr als 20% ist für Alibaba Group Holding Ltd ADR mit einem Kursziel von 164 € im Vergleich zum aktuellen Kurs von 111.2 € zu erwarten.
