Alibaba: Is It Really That Bad
BABABABA(BABA) Seeking Alpha·2024-07-10 12:22
Robert WayIntroduction The last time we discussed Alibaba (NYSE:BABA) already dates back to February of this year. We rated the stock as a Strong Buy as we believed in the company’s long-term potential. Since then, the stock returned a measly 4%, while the S&P 500 (SPY) returned close to 12.50%. Since its all-time high in 2020, the stock is down over 75%.  YchartsThe question arises: “Is Alibaba really that bad of an investment?”. In this article, we will revisit some of our key points on why we believe ...