Baidu Still Looks Cheap on Paper, But the Bull Case Is Getting Harder to Defend
<p>Baidu trades at a sub-1 PB and a market cap of roughly $33.97B, but weakening technicals, heavy short activity, and tougher-to-defend AI/cloud monetization assumptions make the stock vulnerable over the next several weeks. This idea is a tactical short with a clearly defined entry, stop and target and a mid-term horizon of 45 trading days.</p>