Baba is cheap based on all matrix. BUT it sits within multiple traps from everywhere. China government cracked down, China-US relationship, and increased competition all scared investors away from them. Their stock never able to breakout and sustain. The price has hovered around $80-$90 for a few years now. Each time it breaks through $100 (and recently touched $120) it comes crashing down in coming sessions. I was an investor but I have since sold off all my holdings. I will not come back to baba (or any Chinese stocks) anytime soon.
Alibaba May Be the Cheapest E-Commerce Play on Earth. Shares Could Rise 50% in 2025
Alibaba may bethe cheapest e-commerce and cloud computing investmentin the world. The stock, at about $89, trades for just 10 times projected current-year earnings, well below Amazon’s 45 times. It al
Kamala is all talk. She's been in the office for 4 years and now she vows to do differently if she's elected. Why doesn't she do anything during these 4 years? She, whom should have been the most influential person to Biden, couldn't talk him out of anything?
The US policy maker is telling the world that they have no idea how to strengthen their security so they have to ban things they can't figure out
Biden Administration Proposes Ban of Chinese, Russian Car Parts
Move is ‘strictly national security action,’ Raimondo saysOfficials warn of foreign interference threats to carsThe Biden administration is proposing a rule to block the sale and import of Chinese- an