Stock price when the opinion was issued
Short answer is yes, he likes it. He was selling into strength a few months ago. Now he's looking to reload. On a 5-year chart, you can see the massive bottoming pattern. Won't see numbers like the previous highs again. Probably worth $125-150 over the next few years, if they can stimulate the consumer and the consumer responds.
Chinese consumers have tons of savings, so the potential is there. Buy on pullbacks. One of the best value retail names out there. But you have to be OK with China exposure.
Like Amazon, they dominate key secular growth areas in e-commerce, are in cloud computer though trade at only one third of Amazon's PE. Is a modest grower, but has a huge margin of safety. There's so much pessimism about tariffs now. Wait and see, but would be an opportunity if the tariffs are more bark than bite.
Chinese stocks have been moving up, partly because of outflows from India and into China. BABA is the best of China's stocks with the most upside. It's close to returning to its high.