NEW YORK (
TheStreet) --
Baidu (Nasdaq:
BIDU) is trading at unusually high volume Tuesday with 8.1 million shares changing hands. It is currently at two times its average daily volume and trading up $3.35 (+3.3%) at $104.94 as of 2:21 p.m. ET.
- EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
Baidu has a market cap of $33.87 billion and is part of the technology sector and internet industry. Shares are down 3.4% year to date as of the close of trading on Monday.
Baidu, Inc. provides Internet search services.
TheStreet Ratings rates
Baidu as a
buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, expanding profit margins, increase in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full
Baidu Ratings Report.
See all heavy volume stocks in our
stocks moving on unusual volume list or get investment ideas from our
investment research center.
3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more..