IcyIcy
2021-08-28

The next year of earnings will be the deciding factor of long term price appreciation / depreciation simply because it will show whether $Alibaba(BABA)$ BABA can continue to grow at a high pace or not. Look at what happened to $JD.com(JD)$ JD's stock price after last quarters earnings release.

Individuals should be more concerned about long term CAGR returns on their portfolio. If BABA shows it can continue to grow Wall Street will turn extremely bullish and completely flip the narrative.

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

We need your insight to fill this gap
Leave a comment