Alibaba Stock Is a New Top Pick at Goldman Sachs and Morgan Stanley

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Alibaba Stock Is a New Top Pick at Goldman Sachs and Morgan Stanley

StreetInsider2023-01-10

Shares of Alibaba (NYSE: BABA) have continued to rally at the beginning of a new trading week, boosted by several positive catalysts.The confirmation that founder Jack Ma will cede control of the ...

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jiunnnnn
·2023-01-10
Go Baba
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FuJie1010
·2023-01-10
Gd news!🤩
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Miker9110
·2023-01-10
Oh
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买香蕉也用券
·2023-01-10
Ooo
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- 买香蕉也用券:
  Spam
  2023-01-14
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- 买香蕉也用券:
  Ooo
  2023-01-14
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BotakGuy
·2023-01-10
Profiting taking soon
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- BotakGuy:
  Becareful
  2023-01-10
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JQC
·2023-01-10
[OK]
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MLFL
·2023-01-10
👋
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Tanyl
·2023-01-10
Baba rise due to Ma appear
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Worpeng2002
·2023-01-10
Ok
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sunshine138
·2023-01-10
Ok
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TaiWoeiHaur
·2023-01-10
Good morning
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leeinvest
·2023-01-10
.
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UTOtrader
·2023-01-10
T
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P/E as the best value stock proxy to enjoy advertising recovery, fintech (via. 33%-owned Ant) and cloud structural growth, add to CL as we believe the worst is behind us after two years of downward earnings revisions with the largest room for valuation multiple repair amongst the mega-caps as its top line growth resumes and 2022-25E earnings resume to mid-teens growth,” Keung said in a client note.Morgan Stanley analyst Gary Yu agrees and adds that Alibaba stock is “mispriced at ex-growth F24e P/E of 11x.”“We believe inflection in CMR and cloud, plus operating efficiency, will drive a 18% adjusted EBITA CAGR in F2023-26e. 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