MZ39
2021-03-11

I think BABA is a buy now. Trading at 27x PE is cheap for an amazon like ecommerce firm and it has the potential to be a big global giant with china market as its launchpad

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

  • Walker975
    2021-03-11
    Walker975
    I agree, though the P/E is high, it shouldn't be compared to Amazon. amazon is integral in Americans life while Asians have more alternatives. still think it has room to grow though
    • MZ39ReplyWalker975
      Full agreed though microsoft azure and google cloud are giving AWS a run for the money...haha
    • Walker975ReplyMZ39
      That's true too, aws has a lot of potential too but I think there are a few cloud computing options as well with AWS just the most "trusted"
    • MZ39ReplyWalker975
      i see i didnt realise that Amazon is so integral. no wonder its so expensive, i thought it was highly valued due to its AWS component as well
    • Walker975ReplyMZ39
      while they do have other options, from what I understand, none beats the service that Amazon provides. and amazon is a household name. if the rest are the same, people will still use Amazon instead
    • MZ39
      is amazon that integral? don't the americans have walmart, target and many other retailers to choose from? in any case after the vaccine, retail sector in US will recover soon.
Leave a comment
6