Added to YB: 2024-09-03
Pitch date: 2024-09-03
BABA [bullish]
Alibaba Group Holding Limited
+91%
current return
Author Info
No bio for this author
Company Info
Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally.
Market Cap
$2.5T
Pitch Price
$81.51
Price Target
N/A
Dividend
0.65%
EV/EBITDA
14.34
P/E
21.78
EV/Sales
2.52
Sector
Broadline Retail
Category
turnaround
Why Alibaba's Decline Could Be a Rare Buying Opportunity
BABA: E-commerce penetration in China to grow 30% to 40%+ in 5 years. Cloud/AI revenue as 2nd S-curve. Int'l commerce turning profitable. 3% annual buyback + 1.5% dividend yield. P/E 9x. $20B fresh mainland China money via Stock Connect. Turnaround story, 14% position. Avg cost $81.62, trades $83.34.
Read full article (2 min)