
NYSE:BABA
AMZN vs BABA? He thinks AMZN is safer at the moment. It could see earnings actually rise in the near term. People are using them to get essentials at home. The consumer staple space is fairing better than consumer discretionary. He likes what AMZN is doing longer term. They control 40% of the global cloud capacity.
The Amazon of China, with phenomenal growth, but far cheaper than Amazon. For him, this is a value stock. The risk is in buying a Chinese company though BABA is listed in the west. BABA is compelling cheap now.