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6 Tech Stocks That Rate Better Than Apple


Baidu (BIDU - Get Report), often referred to as the Google (GOOG) of China, is the largest Chinese-language search engine in the world. Despite a slowing of the economy in China to a low rate of growth, Baidu is attracting more users and clients at a fast pace.

This fast-growing company is expected to increase revenues by 59% in 2012 and 42% in 2013. Earnings are expected to grow 53% in 2012 and 41% in 2013. Earnings surpassed analysts' estimates for each of the last four quarters.

The company has a virtual monopoly in China as Google has its share of operating and legal woes in that nation. The stock is trading 10% below its 52-week high, likely due to the China slowdown concerns. However, I believe that Baidu will eclipse that high of $165.96 on its way to $200.

Baidu is one of SAC Capital's holdings and also shows up in George Soros' portrfolio as of the most recently reported period.
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BIDU $175.73 -0.87%
CRUS $33.91 -4.00%
IT $94.07 7.40%
MDSO $41.64 -0.10%
LLTC $44.06 0.31%


Chart of I:DJI
DOW 17,644.21 -7.05 -0.04%
S&P 500 2,053.26 +2.14 0.10%
NASDAQ 4,729.1960 +3.5570 0.08%

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