BIDU is very cheap at historic lows ($87) but has a bearish technical trend and weak profits from AI spending.

Baidu has performed poorly, like many Chinese stocks. Let's take a look at the Baidu graph. Here it is. For it to cost less than $95 is insane. We can go back to the beginnings, and you'll see how historically low it is.

This price has reached levels not seen in 16 years. Therefore, it is very cheap.

$87. Let's check the financial data. It is clear that growth is slowing down. Hmm, let me check the price-to-earnings ratio. They are losing money, but they should be making a profit by now.

And that's the problem. Look, their revenue is only down by a million dollars. This is almost nothing. You can find this amount under the sofa, where it decreased by 0.01% and profits by 1.67%.

They are investing huge sums in artificial intelligence like everyone else, but they have not yet been able to reap the rewards.

But keep a close eye on this sector. I think the price here is still cheap, but the stock has come under tremendous pressure. The trend is downward, and it's a sell signal, but they've reached a historic low in 16 years.

I thought the bottom was in the early nineties, but literally, around $85 or $86. It's at $87 now. Hmm, it's insanely cheap. It's very cheap, but it's one of those companies that invests to grow in the world of artificial intelligence, and that's why their profits are weak at the moment.

But again, I don't want to be an AI company and not invest in this era, otherwise you will be completely overtaken.