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UBER or BAIDU: Which stock will beat the market?
Uber Technologies (NYSE: UBER) and Baidu, Inc. (NYSE: BIDU), 2 of the largest companies in their respected sectors, are heading into this earnings report season this Thursday, February 6th, 2020. They will both be reporting Q4 2019 results.
After shares of the ride-hailing company had gained 21.94% over the past month, outpacing the computer and technology sector’s gain of 6.54% and the S&P 500’s gain of 3.3%, investors will be hoping for strength from the stock, expecting positive revenue estimates.
Controlling 67% of China’s online search engine market, after performing better than its sector on a YTD basis (8.47% vs. 6.13%), gaining an average of 10.52% so far this year, the stock is expected to earn $5.59 per share, after consensus estimate has increased by 54.3% .