BaiduNASDAQ: BIDU

Baidu, the "Google of China," is a market leader in web search, streaming, AI, and autonomous vehicles. The company's growth has slowed following a 15x revenue expansion from 2010 to 2021, but a return to the growth track is highly probable in the years ahead. Regardless of Baidu's future growth prospects, its stock is clearly undervalued at a discount to book and P/FCF of 6.3.

Finding truly undervalued stocks to buy that are subtly poised for growth might be the difference between good returns and lost chances in the fast-paced world of investing. The emphasis is on a carefully chosen list of seven equities expected to soar in July, and solid arguments are provided for investors to notice them.

We are currently in an AI bull run. Stocks like Nvidia (NASDAQ: NVDA ) are up over 100% year-to-date.

Recently, Zacks.com users have been paying close attention to Baidu Inc. (BIDU). This makes it worthwhile to examine what the stock has in store.

With the equities space continuing to enjoy its blistering recovery from the doldrums of the Covid-19 crisis, fewer and fewer ideas exist that are considered genuine discounts. Nowadays, several of the desirable market ideas just seem overpriced.

Baidu is a profitable Chinese tech investment with strong earnings, generating free cash flow for potential stock buybacks or business investments. iQIYI, Baidu's video platform, is contributing positively to Baidu's free cash flow. The firm could also become a capital return play for investors. Baidu's low valuation, similar to Alibaba, presents an undervalued investment opportunity.

The long-term potential of stocks pertaining to autonomous driving makes them appealing. By 2024, there may be more than 54 million cars on the road with some sort of self-driving tech installed.

Baidu's stock has declined more than 70% from its all-time high. It still faces unpredictable macro, competitive, and geopolitical challenges.

Recently, Zacks.com users have been paying close attention to Baidu Inc. (BIDU). This makes it worthwhile to examine what the stock has in store.