Why Alibaba Is My Top Stock Pick For 2022 [Seeking Alpha]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am
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Source: Seeking Alpha
hxdyl/iStock via Getty ImagesAlibaba Group (BABAdoubled downWhy are value investors so keenly interested in Alibaba? The main reason is that the valuation is unheard of for a high-growth stock. Alibaba trades for only 14x earnings and is expected to see double-digit annual earnings growth going from its current level. By comparison, American peer Amazon (AMZNMSFTAAPLplay-by-play through the riskstrading to $500For these reasons, I'm going to go back to the well and will name Alibaba my top pick for 2022.These were my previous top picks by year.2019 pick-Micron (MU2020 pick-PayPal (PYPL2021 pick-CVS Health (Charlie Munger Has Doubled Down on BABAAs mentioned above, Charlie Munger's holding company, the Daily Journal, disclosed that it had doubled its stake in Alibaba. Munger did so at a time of extremely negative sentiment for Alibaba.Data by YChartsNotably, Munger's disclosures show that he bought shares in Alibaba's ADR, which tells us that heisn't concernedAlibaba: Risks and Opportu
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News
- Games' broadcaster embracing AI but remains wary of deepfakes [Reuters]Reuters
- Olympics-Games' broadcaster embracing AI but remains wary of deepfakes [Yahoo! Finance]Yahoo! Finance
- Alibaba and Lenovo Team Up to For AI PCs, Setting New Standards in Tech [Yahoo! Finance]Yahoo! Finance
- China's Ant Group in talks to launch Alipay+ in Indonesia, says executive [Yahoo! Finance]Yahoo! Finance
- China's Ant Group in talks to launch Alipay+ in Indonesia, says executive [Reuters]Reuters
BABA
Earnings
- 2/7/24 - Beat
BABA
Sec Filings
- 4/2/24 - Form 6-K
- 3/26/24 - Form 6-K
- 2/23/24 - Form 20-F/A
- BABA's page on the SEC website