As the biggest search engine in China, Baidu (BIDU) is expected to keep soaring along with the world's fastest growing economy.
Analysts at Nomura Securities recently estimated that Baidu could double its $38 billion market value over the next three years on strength in e-commerce and a growing user base.
Meanwhile, the company's main competitor, Google (GOOG), has struggled to gain access to the Chinese market.
"Baidu has a tremendous growth profile," said Jason White, an equity analyst at T. Rowe Price International.
The stock, which trades at about 30 times next year's earnings, is not a bargain. But it still has room to run, according to White. "You're paying a premium, but you're getting the potential for premium growth," he said.
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