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Investor_Stocks 1 post  |  Last Activity: Apr 27, 2015 6:04 PM Member since: Jan 18, 1999
  • I'm starting to get optimistic about Alibaba and e-commerce sales in China for the following reasons:

    1. China gov't is working hard to revitalize the economy. The Chinese stock market seems to support that -- can't believe how much it has gone up this year.

    2. Amazon and Apple are really showing amazing sales in China. That can only be good for BABA.

    3. Compared to Amazon and hell, even their Chinese competitors (JD, for example), the valuation of BABA is not bad. The promise for BABA seems amazing. Their market share is dominant.

    4. Growing and investing outside of China. I was in India and Ma was there meeting with the PM to get BABA involved in Indian growth.

    Definitely going to be a long-term hold for me.

    Sentiment: Strong Buy

427.63-4.00(-0.93%)May 22 4:00 PMEDT