Baidu (NASDAQ:BIDU) investors have seen better days. The stock has hit multiyear lows in each of the past four weeks, and what initially started as a drop to its lowest level in three years is now a five-year low. Shares of China’s leading search engine provider are now just a 9% decline away from falling to the double digits for the first time since the summer of 2013.
The Motley Fools article goes on to list three reasons why the stock price would head higher vs. lower, but I’m going to focus on just one of the reasons from a valuation
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