Baidu
Baidu Inc. (BIDU) stands at number 10 in our list of the most popular stocks that emerging market funds (EEM) (VWO) are invested in. The company was among the top 10 holdings of 3 out of 10 funds that were part of our analysis. These are:
Among institutional investors, these are the funds that are invested into the BIDU ADR currently:
6.5% return YTD
Baidu Inc. is a Chinese web services company headquartered in Beijing. Baidu, Inc. provides Internet search services in China and internationally. It operates through Search Services, Transaction Services, and IQiyi segments. It offers Chinese language search platform on its Baidu.com website. It is one of the largest Internet companies in the world. Baidu controls roughly 80% of the internet search market in China.
Trading under the ADR ticker BIDU on the NASDAQ, the company has the market capitalization of $60.30 billion. The company reported a net profit margin of 16.94% in the third quarter of 2016, as against the 48.86% reported in 2015.
Trading at $173.32 a share currently, the stock is already up 6.48% for the year. It has gained 7.23% over the past 1 year.
Analyst recommendations: HOLD or BUY?
The stock currently has 43.8% BUY recommendations from analysts, against another 43.8% HOLD recommendations and 12.5% SELL recommendations. Consensus 12-month target price for the stock stands at $182.8. The stock is currently trading at $173.32.