If you follow big happenings in the Internet world or big business moves in China, then you've probably heard of Baidu Inc. (BIDU). If the name still isn't ringing a bell, think of the company as China's equivalent of Google. Baidu operates the largest Chinese internet search engine in the world.
The stock has experienced amazing growth over the past few years. In the nearly two years since I recommended my Blue Chip Growth subscribers buy BIDU, the position has brought in over 250% in returns!And with several more expansion projects in the works, including helping bring the popular social media site Facebook into China, there is plenty of growth left for BIDU.
Looking at Baidu's projected growth for 2011, compared to its industry and the technology sector as a whole, it's clear that this is another strong investment opportunity.