🌟🌟🌟Alibaba
$BABA-W(09988)$ $Alibaba(BABA)$ recent explosive stock price surge following its forward looking Q1 financial report points to a powerful valuation repair.
The rally was ignited by an internal briefing showing narrowing losses in its highly competitive eCommerce segment with a huge 40% revenue growth in Alibaba Cloud.
Why this is a valuation repair?
Alibaba has been severely beaten down over the last year due to weak domestic consumption and fears over its aggressive USD 56 billion AI infrastructure spend.
For this to turn into a multi year upward trend, Alibaba must prove its massive AI investments can be successfully monetized.
This initial surge is a much needed valuation repair. I believe the stage is well set for a magnificent multi year trend reversal.
So this is a great time to buy Alibaba to reap the long term rewards of this wonderful company.
@Tiger_comments @TigerStars @Tiger_SG
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