Does Baidu’s Stock Have A Moderate Upside?

Having grown 62% since the end of 2018, Baidu’s stock has moderate upside potential. Baidu, China’s Google rival, saw its stock grow from $159 at the end of 2018 to near $257 now, compared to the S&P500 which gained 59% since the end of 2018. The company primarily generates revenue from advertising.