$BIDU
Added 2024-05-17 19:54:01 +0000 UTCMorgan Stanley have downgraded $BIDU to $125 from $140 today, which is probably the most bizzare thing you could read today but very typical of Morgan Stanley to do, they want these shares because they missed the run from $BABA and $BIDU is the next one to run.
Their share price is back at its 2011 level at $110
FCF was $550million in 2011
FCF is $3.5 Billion in 2023
and expected to be over $4 Billion for 2024.
Mean Reversion Zone is above $220.
Verdict: Undervalued.
Comments
Thank you; waiting for your signal to start buying Bidu!
Baktash Azizi
2024-05-17 20:00:24 +0000 UTC💪👍
px
2024-05-17 19:57:58 +0000 UTC
