Alibaba's AI And Cloud Strategy: Still Mispriced By The Market
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Mark Daniels on Alibaba's Investment Potential
By Mark Daniels
I added Alibaba ( NYSE: BABA ) to my long-term portfolio after their Q3 earnings, and it now makes up 3.5% of my holdings. I am initiating coverage with a Buy rating because I believe the market is dramatically undervaluing.
Analyst’s Disclosure
I/we have a beneficial long position in the shares of AMZN, BABA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
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