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AppLovin (APP 1.88%), a publisher of mobile games and app monetization tools, went public on April 15, 2021, at $80. Today, its stock trades at about $315 -- so a $10,000 investment would have grown to over $39,000 in less than four years.
Baidu (BIDU 1.33%) is building large language models with limited resources due to export restrictions from the U.S.
Investors interested in Internet - Services stocks are likely familiar with Baidu Inc. (BIDU) and Shopify (SHOP). But which of these two companies is the best option for those looking for undervalued stocks?
The open-source shift has been spearheaded by AI startup DeepSeek, whose R1 model released earlier this year challenged American tech dominance. Chinese AI companies from big players such as Baidu to smaller ones such as ManusAI have been increasingly endorsing open-source licensing models.
Baidu Inc. (BIDU) closed at $94.54 in the latest trading session, marking a +0.29% move from the prior day.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here is how Baidu Inc. (BIDU) and Genius Sports Limited (GENI) have performed compared to their sector so far this year.
Baidu, Inc.'s launch of ERNIE 4.5 and ERNIE X1 models marks a significant advancement in GenAI, with the Chinese tech conglomerate now offering superior performance at a fraction of competitors' costs. Despite macroeconomic challenges, Baidu's Q4 2024 results showed strong AI Cloud growth and promising developments in the Apollo Go robotaxi business. BIDU stock remains undervalued, with a fair value estimate of ~$172.7 per share and a potential rise to ~$316 per share in five years.
Baidu Inc. BIDU is showing signs of a potential breakout, with its stock price climbing above key moving averages and approaching a Golden Cross —a widely followed bullish technical indicator.
It is imperative to build a portfolio of low-beta stocks to navigate a volatile market. PGR, BIDU, TGNA & JD are well-poised to gain.