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Baidu is the 'Google of China,' strategist says on Buy rating
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The tech sector has been inundated with companies looking to tap into AI. Roundhill Investments Chief Strategy Officer Dave Mazza joins Yahoo Finance for Good Buy or Goodbye, giving investors tips for navigating the ever-growing AI arena.
Mazza rates Baidu (BIDU) a "good buy" citing its diversified business model, strong presence in the Chinese market, and attractive current valuation. The strategist notes that Baidu is actively investing and expanding its generative AI capabilities: the company's Ernie bot, a Chinese language model, serves as a powerful example. Arm Holdings (ARM) is Mazza's "goodbye," given its possibly overstated AI opportunities amid intense competition in the sector.
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Follow Yahoo Finance on social:
Mazza rates Baidu (BIDU) a "good buy" citing its diversified business model, strong presence in the Chinese market, and attractive current valuation. The strategist notes that Baidu is actively investing and expanding its generative AI capabilities: the company's Ernie bot, a Chinese language model, serves as a powerful example. Arm Holdings (ARM) is Mazza's "goodbye," given its possibly overstated AI opportunities amid intense competition in the sector.
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Follow Yahoo Finance on social:
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