WalterD
10-23

$Alibaba(BABA)$ Once again, bears keep saying if Trump wins it will be worse for BABA. Guess what? BABA was down under Biden's command over the last few years. In 2018, when tariffs were first brought, BABA eventually hit an all time high.

So no, BABA won't go down if Trump or if Harris wins. BABA's core business is mainly in China. All BABA need is China's economy to improve, nothing more. Which is a matter of time until it does, with all the bazookas the Chinese Government are currently launching.

Do your own DD, cause here the only thing these "analysts" will bring to you is smoke and mirrors.

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Comments

  • 琉璃思索
    10-23
    琉璃思索
    US governance doesn't have any direct impact on the rise and fall of BABA, only CCP has the power to manupilate Chinese markets, nothing much to debate honestly.

    Everyone should  perform his/her own due diligence and not giving unnecessary due to a governance controlled market.

    Some stocks are only meant for pure trading and not value investing.

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