Alibaba: Restructuring And Investment Efforts Appear Promising, Bullish Support Is Growing

timsa BABA's Reversal May Already Be Here We previously covered Alibaba Group Holding Limited (NYSE:NYSE:BABA) in April 2024, discussing the stock's underperformance despite the massive share repurchases/ dividend payouts, with the ongoing restructuring yet to produce any results as well. Despite so, we had reiterated our Buy rating, since the company continued to generate robust Free Cash Flow with its stock valuations overly discounted, with it offering patient investors with an excellent upside poten ...