$Alibaba(BABA)$ 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.
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
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.