$Alibaba(BABA)$ Baba is indeed a very high quality business, just wait until some good news come around the China/BABA and the sentiments resets, and the stock will skyrocket like in 2020-2021, BIG/SMART money is only avoiding it because it is in China, they have no other reason, they know its undervalued and top 3 companies in China trading at EV/EBITDA of <5 but they just wanna hear good news about China again, given that China is a nation of Peace & Economic Growth, that good sentiment might come back sooner than later.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments