Baidu (BIDU) Continues To Rip Higher

Despite some negative talk on Baidu (Nasdaq: BIDU), the stock continues to be a monster performer. Shares are up 3.3% today to $392 on strong volume. The stock is closing-in on its 52-week high of $369.60.

Yesterday, Goldman Sachs made some extremely bullish comments on the company, raising their price target to a new "street high" $455.

Today, Baidu's CEO said he sees users leaving Yahoo Japan to come to Baidu in coming years, according to headlines from Reuters.

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