Baidu stock looks cheap -- except for the fact that it's hardly growing at all.Shares of Baidu (BIDU -0.15%) stock slumped as much as 5.5% this morning, despite beating earnings estimates in its first-quarter 2024 report. Analysts forecast the Chinese internet search giant would earn $2.18 per American depositary share (ADS), adjusted for one-time items, on$4.3 billion in revenue, but Baidu actually earned $2.76 per ADS on sales of$4.4 billion.As of 10:55 a.m. ET, Baidu is clawing back its losses, but sti ...