Alibaba: Several Positive Developments

Michael Loccisano Investment thesis My previous bullish thesis about Alibaba's (NYSE:BABA) stock substantially lagged behind the broader U.S. market over the last three months, but I am still optimistic. It is a widely known fact that Alibaba's stock is massively undervalued and it is mainly geopolitical risk that makes investors afraid of the stock. Apart from geopolitical risks, BABA also faces challenges due to the uncertain macroeconomic environment in China and political risks around Jack Ma. But r ...