Alibaba: Ready To Take Off

Vertigo3d My thesis After publishing a bullish thesis on Alibaba (NYSE:BABA) on June 26, the stock rallied by 10%, climbing above a psychological level of $80 per share. The stock is still significantly undervalued as the market highly likely continues pricing in geopolitical risks. In my previous article I have described in detail why I believe that these risks are overestimated, so I will not focus on the geopolitical factor this time. The company has ample resources and strong management's commitment ...