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 Stock
€70.70
0.710%
With 35 Buy predictions and 2 Sell predictions Alibaba Group Holding Ltd ADR is one of the favorites of our community.
As a result the target price of 114 € shows a very positive potential of 61.24% compared to the current price of 70.7 € for Alibaba Group Holding Ltd ADR.
