Baidu – the “google of china” as has been proclaimed by Lord knows how many experts lately is a hot hot topic of discussion so you know what that means….time to weigh in on it.

What is Baidu?
It is the leading search engine in China. Thats right, its not Google, Yahoo or anything else, its Baidu. It debuted on the Nasdaq exchange on August 5, 2005.

There really is not a need for a long review of things here, it reall comes down to one thing:
What is your confidence in capitalism spreading in China?

If your confidence is high, then you best go out and buy stock in baidu right now. Seriously, go right now. The stock price has already risen to over 263 but I don’t think its hit the ceiling by any means. They are just starting to monotize as well as google has and they have a lot of improvement to do which will no doubt in crease their worth.

Then there are the rest of us. I’ve read the book Atlas Shrugged which means I will forever be skeptical of anything that resides or caters to a socialist/communist society. Just ask anyone who has money invested in Venezuela right now how they are feeling – not too good, that is for sure. China has definitely moved away from hard line communist economic principles but they are still a communist country and quite frankly that scares me.

Still a good buy – but buyer beware.

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