Go look at the revenue and profit numbers over the past 10 years.
The company has done great in that time frame. The stock has just become ridiculously cheap. Two years of slower growth does not deserve this level of sell off. BABA will keep growing over the next 10 years and analysts predict a similar level of growth as Apple, around 8% which is fine being they are both mature companies. But $Apple(AAPL)$ trades at over 5X the valuation.
This means $Alibaba(BABA)$
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- LEESIMON·03-28🩷GoodLikeReport