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    BIDU: The Most Obvious Beneficiary Of $7.4T A.I. Opportunity

    BIDU: The Most Obvious Beneficiary Of $7.4T A.I. Opportunity

    FromSchwab Network

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    BIDU: The Most Obvious Beneficiary Of $7.4T A.I. Opportunity

    FromSchwab Network

    ratings:
    Length:
    5 minutes
    Released:
    Jun 20, 2023
    Format:
    Podcast episode

    Description

    Baidu (BIDU) has been upgraded to overweight from equal weight at Morgan Stanley. George Tsilis discusses this as Morgan Stanley raised its price target on BIDU to $190 from $160. The analyst notes that BIDU is the most obvious beneficiary of the $7.4T A.I. internet opportunity in China. Morgan Stanley also estimates 31% CAGR in its cloud revenue by 2025. He then demonstrates an example trade using BIDU. The trade type is a call diagonal and the direction is bullish. Tune in to find out more about the stock market today.
    Released:
    Jun 20, 2023
    Format:
    Podcast episode

    Titles in the series (100)

    A unique lineup of financial news and education programs, all available to stream without a subscription. Listen to industry experts track market action and interpret how it may apply to your investment portfolio. Get real-time insights, commentary, and exclusive access to CEOs, analysts, and market experts. Empowering Every Investor and Trader. Every Market Day. Produced by TD Ameritrade Media Productions Company, a wholly-owned subsidiary of TD Ameritrade Holding Corporation. TD Ameritrade Holding Corporation is a wholly owned subsidiary of The Charles Schwab Corporation. TD Ameritrade Media Productions Company is not a financial adviser, registered investment advisor, or broker-dealer. THE TD AMERITRADE NETWORK SITE, CONTENT, APPS, AND RELATED SERVICES, ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Japan, Saudi Arabia, UK, and the countries of the European Union. All TD Ameritrade Network content © TD Ameritrade Network. All rights reserved.