Alibaba: Stay Calm And Keep Buying
BABABABA(BABA) Seeking Alpha·2024-08-12 20:30
maybefalseIntroduction In my previous report on Alibaba Group Holding Limited (NYSE:BABA), I rated the Chinese tech conglomerate a "Strong Buy" in light of its Q4 FY2024 report, citing fundamental business improvements at Alibaba (underneath the surface), management's commitment to delivering shareholder value via buybacks & dividends, and asymmetric risk/reward for long-term investors due to BABA's depressed valuation -     While BABA stock has continued to tread water around multi-year lows for severa ...