Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Baidu Vs. Alibaba
When asked why Baidu is better than ChinaWant Private Access to Benzinga Analyst?
Check out the latest strategies our team of experts are using every week so that you can always adapt to the market like the pros!—Get FULL Access to This Week's Webinar Here.
Things To Watch For This Quarter
Willard said that investors will want to focus on top-line growth and margins."It's a high-margin business, and as long as they're continuing those margins and you can see it in the numbers, I feel good about it," said Willard. "The reason I don't own Baidu – the only reason – [is because] it's so hard to make money and trust numbers in the United States. We have hundreds of years of experience doing this, and yet you still get Enrons and Nortels. I can't risk my capital on a company based on China for the long-term."That begs the question: Why did Willard invest in Baidu at all?"It was just down so much," he said. "It was back in 2010, 2011. It was a trade, not an investment. I'm an opportunist, so I do what I do when the opportunities arise."Disclosure: At the time of this writing, Louis Bedigian had no position in the equities mentioned in this report.Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.