Stock Pick for November 5, 2013

One stock that has interested me lately is Baidu. Baidu (BIDU) is currently trading at $151.92 at the mid point of today. Baidu is considered by many to be the Google of China. Baidu’s total revenues have nearly tripled over the past three years. In addition, Baidu’s quarterly profit rose 1.3% recently as they invested in expanding their mobile business. 

Stocks were recently up as much $169.75 following their quarterly earnings release. I believe that this is a great opportunity and could be a solid stock to buy and hold on to for the long haul.

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