Cathie Wood Just Bought Baidu Stock. Should You?

Cathie Wood did something on Wednesday that she hasn't done in nearly four months. The Ark Invest founder CEO added to her existing stake in Baidu (NASDAQ: BIDU). It seems like a good time to buy China's leading search engine operator. The stock is rallying lately, as analysts warm up to Baidu.Baidu is becoming an unlikely winner in the tariff trade war. Despite its recent sluggish growth, Baidu is emerging as a beneficiary of the import restrictions of potent artificial intelligence (AI) chips into China. Toss in an iconic hometown brand with a rock-bottom valuation, and Baidu could be the market's latest momentum play.Baidu is in a funk. Revenue is declining for the fourth time in the last six years. Last month's second-quarter report failed to impress. Revenue declined 4%. The news only gets worse at the other end of the income statement, with adjusted earnings plummeting 35%. The stock was barely trading higher in 2025 a month ago, but Baidu has soared 53% since then. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool