New Trade: Long Baidu And Short XO Group

By Intelligent Speculator:

Great way to start the week by opening a new trade. Last week, I opened two new ones and I?m off to a decent start so far (still very early so I?m hoping to not jinx it). Today, I am back with another similar pattern to the trade I opened on Thursday but this time, both companies are trading at almost identical P/E ratios.

I did think about going long Baidu (BIDU) against Google (GOOG) but in the end, decided against it. I may not be in love with Google?s stock in

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Source: http://seekingalpha.com/article/318672-new-trade-long-baidu-and-short-xo-group?source=feed

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