S&P Capital IQ Picks Baidu Focus Stock of the Week
PR Newswire
NEW YORK

 

 

NEW YORK, Aug. 13, 2012 /PRNewswire/ -- The American Depositary shares (ADSs) of Baidu, Inc. (NASDAQ: BIDU: $131) have been picked by S&P Capital IQ as its Focus Stock of the Week.  BIDU carries S&P Capital IQ's highest investment recommendation of 5-STARS, or Strong Buy.

"Baidu has become of the best-known, largest and most successful Internet companies in the world," said Scott Kessler, equity analyst at S&P Capital IQ.  "The company is the leading provider of Internet services and we see considerable growth ahead. We believe China's Internet population, already the largest in the world, continues to grow in size and sophistication, which should lead to more Baidu customers, revenues, and profits.  While we see competition with many large Internet companies and challenges to mobile, we believe Baidu is positioned well an operating effectively.  We view Baidu as offering a unique combination of growth and value." 

To view a video of Mr. Kessler discussing BIDU click on the following link.   Weblink to video

 

 

About S&P Capital IQ
S&P Capital IQ, a business line of the McGraw-Hill Companies (NYSE: MHP), is a leading provider of multi-asset class and real time data, research and analytics to institutional investors, investment and commercial banks, investment advisors and wealth managers, corporations and universities around the world. We provide a broad suite of capabilities designed to help track performance, generate alpha, identify new trading and investment ideas, and perform risk analysis and mitigation strategies. Through leading desktop solutions such as Capital IQ, Global Credit Portal and MarketScope Advisor desktops; enterprise solutions such as S&P Valuations, and Compustat; and research offerings, including Leveraged Commentary & Data, Global Market Intelligence, and company and fund research, S&P Capital IQ sharpens financial intelligence into the wisdom today's investors need.  For more information visit www.spcapitaliq.com.

For more information contact:
Marc Eiger, Communications, Tel.: 212-438-1280
marc_eiger@standardandpoors.com

 

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SOURCE S&P Capital IQ