BABA-N
Trading at an all time high today. Sees revenue growth at 26-25% for the next 3 years, extremely impressive. Cloud business growing, yet makes up only 8% of their revenue. Earnings growth rate is 19-20%, but only paying 30x forward earnings. Likes it better than Amazon.
Trading at an all time high today. Sees revenue growth at 26-25% for the next 3 years, extremely impressive. Cloud business growing, yet makes up only 8% of their revenue. Earnings growth rate is 19-20%, but only paying 30x forward earnings. Likes it better than Amazon.
(A Top Pick Aug 28/19, Up 54%) Market share of 62% in 2019. Moving from an online distribution platform like Amazon to a technology enabler for online merchants like Shopify. Cloud business, Ant Financial, stake in India's digital payment system. Great example of a massive technology company that has a long runway. Swallow the multiple and look to the future. $285.50 is his price target.
(A Top Pick Aug 28/19, Up 54%) Market share of 62% in 2019. Moving from an online distribution platform like Amazon to a technology enabler for online merchants like Shopify. Cloud business, Ant Financial, stake in India's digital payment system. Great example of a massive technology company that has a long runway. Swallow the multiple and look to the future. $285.50 is his price target.
With Amazon results being more positive than expected, we should see similar results from Alibaba. The market for e-commerce in China is greater than the US. Penetration is around 40%. The states are around 15%. Cloud exposure is also a pro.
AMZN is expensive to its peer group. Alibaba is an alternative to consider, at only 30x PE, with a 20-25% growth rate.
He follows it. They are extremely profitable and are extremely well run. He owns AMZN-Q. He has concerns about corporate governance in China. When a company is on our shores and doing similar things the he values them higher. Technically there is a strong signal for BABA-N. They should do well as along as they deliver value to their customers. He avoids Chinese companies at this time.
He follows it. They are extremely profitable and are extremely well run. He owns AMZN-Q. He has concerns about corporate governance in China. When a company is on our shores and doing similar things the he values them higher. Technically there is a strong signal for BABA-N. They should do well as along as they deliver value to their customers. He avoids Chinese companies at this time.
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.
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.
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.
BABA vs. JD Took profits in BABA about a month ago. He doesn't have any names from Asia-Pacific right now. Between the two, BABA is the larger name and cheaper PEG, but wait a bit more. Choose something on the US side that's been beaten up.
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 15
Neutral - Hold Signals / Votes : 2
Bearish - Sell Signals / Votes : 5
Total Signals / Votes : 22
Alibaba Group Holding is a American stock, trading under the symbol BABA-N on the New York Stock Exchange (BABA). It is usually referred to as NYSE:BABA or BABA-N
In the last year, 22 stock analysts published opinions about BABA-N. 15 analysts recommended to BUY the stock. 5 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for Alibaba Group Holding.
Alibaba Group Holding was recommended as a Top Pick by Jamie Murray on 2020-09-04. Read the latest stock experts ratings for Alibaba Group Holding.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
22 stock analysts on Stockchase covered Alibaba Group Holding In the last year. It is a trending stock that is worth watching.
On 2020-09-18, Alibaba Group Holding (BABA-N) stock closed at a price of $272.41.
It has been a great company in the last decade. However, he has always hesitated buying China-based business due to political risk like what is happening with TikTok. You can get exposure to similar themes in North American with companies like Amazon or Google.