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Is Baidu Stock a Buy?

TheMotleyFool

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Baidu's (NASDAQ: BIDU) stock slumped on Aug. 12 after the Chinese tech giant posted its second-quarter earnings. The company beat analysts' estimates on the top and bottom lines, but its third-quarter guidance was softer than expected and indicated its core business was slowing down again.

Baidu's stock had already been cut in half over the past six months as China cracked down on its top tech companies, so it needed to hit a home run to stop the bleeding -- but it failed to knock the ball out of the park. Let's take a deeper look at Baidu's business and see if its stock is still worth buying.

Image source: Getty Images

Source Fool.com

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