BIDU to 150# Stock
R*g
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http://my.fool.com/profile/TMFDitty/activity.aspx
When a top 5% investor announces that a stock you own is a sell, what do you
do? Ignore the analyst and its criticisms, or take a closer look at what
you own? Personally, I listen up. And from what I'm hearing, investment
banker Bernstein hates Baidu (NASDAQ:BIDU) stock. This morning, analysts at
Bernstein announced initiation of coverage of Baidu stock with an
underperform (aka "sell") rating. According to the analyst, Baidu shares
that cost $179 today, could fall as far as $150 by the end of the year. Here
are three reasons why Bernstein thinks that's likely to happen.
Bio:
Education And Work Information
School(s) Attended:
College of William & Mary; University of Baltimore
Job Title
Fool Contributor
Former Jobs
Lawn mower, landscaper, corporate lawyer
My Interests:
Napping. Investing. Investing in companies that allow me to nap soundly.
When a top 5% investor announces that a stock you own is a sell, what do you
do? Ignore the analyst and its criticisms, or take a closer look at what
you own? Personally, I listen up. And from what I'm hearing, investment
banker Bernstein hates Baidu (NASDAQ:BIDU) stock. This morning, analysts at
Bernstein announced initiation of coverage of Baidu stock with an
underperform (aka "sell") rating. According to the analyst, Baidu shares
that cost $179 today, could fall as far as $150 by the end of the year. Here
are three reasons why Bernstein thinks that's likely to happen.
Bio:
Education And Work Information
School(s) Attended:
College of William & Mary; University of Baltimore
Job Title
Fool Contributor
Former Jobs
Lawn mower, landscaper, corporate lawyer
My Interests:
Napping. Investing. Investing in companies that allow me to nap soundly.