Summary After a customary post-earnings drop, Alibaba’s stock has given up nearly 50% of its rally off of October-lows. On paper, Alibaba appears to be a fundamentally-solid stock that’s trading at just ~12x P/FCF. Furthermore, we will run Alibaba through TQI’s Quantamental Analysis process to see if the pullback in BABA stock is a good buying opportunity for long-term investors. Spoiler Alert: I rate Alibaba a "Strong Buy" in the $80s. We’re currently running a sale at my private investing ideas service, The Quantamental Investor, where members get access to portfolios, market alerts, real-time chat, and more. Learn More » maybefalse/iStock Unreleased via Getty Images Introduction Despite reporting an earnings beat last week, Alibaba Group Holding Limited (NYSE: BABA ) has seen its stock drop by more than 5% in a couple of sessions to deepen the recent reversal in Chinese stocks. As you may already know, Chinese equities have experienced a significant surge off of their October lows, with the likes of Alibaba doubling in a matter of months. However, the wind seems to be blowing in the opposite direction now, with many of these Chinese stocks pulling back down. Data by YCharts After rallying from $60 in […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
