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Alibaba Breather (Rating Downgrade)
Seeking Alpha· 2024-09-28 19:18
Nationally ranked stock picker for 30 years. Victory Formation and Bottom Fishing Club quant-sort pioneer.....Paul Franke is a private investor and speculator with 38 years of trading experience. Mr. Franke was Editor and Publisher of the Maverick Investor® newsletter during the 1990s, widely quoted by CNBC®, Barron’s®, the Washington Post® and Investor’s Business Daily®. Paul was consistently ranked among top investment advisors nationally for stock market and commodity macro views by Timer Digest® during ...
China's Dragon Awakens: This Time Is Different (Technical Analysis)
Seeking Alpha· 2024-09-28 03:48
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in KWEB, FXI over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Se ...
China's Tech Stocks Surge: What Top Investors Know That You Don't
Benzinga· 2024-09-28 03:18
Even though the Chinese stock market has been scrutinized extensively in the past couple of years, some investors have begun to realize that there is much more upside than apparent risk for Asia's powerhouse. China's technology sector has the lowest valuation in history compared to its American counterpart. Measured through the KraneShares CSI China Internet ETF KWEB, names in this space now trade at steep discounts against peers like Alphabet Inc. and even Amazon.com Inc.. While discounted stocks might not ...
Alibaba's Savior Is Not Chinese Stimulus, But An Impending Global AI Partnership
Seeking Alpha· 2024-09-28 02:28
Despite the absence of OpenAI’s ChatGPT or Google’s ( GOOG , GOOGL ) Gemini in China, the region has not been short of interest in generative AI. In fact, the nascent technology garners the highest penetration rate in China compared to otherAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving comp ...
2 Undervalued Growth Stocks to Buy Now
The Motley Fool· 2024-09-28 00:07
Based on future growth expectations, these stocks are still cheap.In this video, I will discuss two undervalued growth stocks worth buying despite the recent rally. Check out the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Sept. 26, 2024. The video was published on Sept. 27, 2024. ...
Alibaba, Tencent rally as Beijing stimulus plans push China's tech stocks to 13-month high
CNBC· 2024-09-27 16:54
Alibaba closed above $100 per share for the first time since August last year in the U.S. on Thursday, after surging 10% during the session. On Friday, the company's Hong Kong-listed stock reached its highest close since February 2023, up nearly 5% to 102.50 Hong Kong dollars. The e-commerce giant's shares in Hong Kong are around 18% higher this week.The Hang Seng Tech Index in Hong Kong, which contains most of the big Chinese tech stocks, closed up nearly 6% at its highest level since early August 2023. Th ...
Alibaba Vs. Amazon: Which E-Com Stock is the Better Buy
ZACKS· 2024-09-27 06:01
News of China's economic stimulus has given Chinese equities a spike this week with Alibaba (BABA) starting to turn heads again. Alibaba’s stock has catapulted +14% this month with BABA now sitting on +30% gains for the year to top American e-commerce giant Amazon's (AMZN) +25%. Seeing as Alibaba and Amazon shares have had nice momentum in September, it's certainly a worthy topic of which e-commerce stock may be the better buy. To that point, its notable that their Zacks Internet-Commerce Industry is curr ...
Tepper Crushes China Trade: Here's Why he's Still Bullish
ZACKS· 2024-09-27 03:11
Who is David Tepper?David Tepper is a hedge fund manager and the portfolio manager of Appaloosa Management – an investment firm recognized for its specialization in distressed debt and stock investments. Tepper is renowned for his uncanny market sense, daring investment strategies, and high-conviction trades (which often proven correct). Over the past few decades, Tepper has emerged as a power player in the finance arena. In addition to his many accomplishments, he holds ownership of the Carolina Panthers N ...
Alibaba: This Is The Buying Moment I've Been Waiting For (Upgrade)
Seeking Alpha· 2024-09-26 21:59
JR Research is an opportunistic investor. He was recognized by TipRanks as a Top Analyst. He was also recognized by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP. He identifies attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. He has also demonstrated outperformance with his picks. He focuses on identifying growth investing opportunities that present the most attracti ...
Alibaba: AIDC A Key Long-Term Growth Lever
Seeking Alpha· 2024-09-26 15:37
I am an experienced financial analyst and a former writer for Fade The Market on Seeking Alpha, with a passion for numbers and a knack for unraveling complex financial data. Armed with a strong financial modeling and data analysis background, I thrive on providing accurate insights and recommendations to drive informed financial decisions. I possess a keen eye for detail and possess a solid understanding of market trends and economic indicators. My expertise lies in evaluating investment opportunities, asse ...