Baidu, Inc.
Long

PT $483-$560 in Dec. 2022

Starting the 3rd Wave of the second super cycle + macro cup&handle pattern indicates a PT between 483 and 560 in Dec. 2022.

Bullish perspective on this stock in the mid term and long term. The total addressable market value of Baidu's non-advertising business is 10x the size of online advertising.

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