$Alibaba(BABA)$ $Alibaba(09988)$ No suprise here, I have been saying this since before I averaged down last week at $71.50. I have applauded all of Joe Tsai’s recent moves just like Jack Ma did in his memo. The huge buyback volume in Q1, the purchase of all outstanding shares of Cainino Logistics, the spin offs of noncore holdings, the investments in AI and cloud, the strength of overseas sales, and the turnaround just starting in China. The Q1 report will be strong and China still has more stimulus in the works. This is just the beginning.
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