Alibaba: Deep Undervaluation Meets Changing Sentiment

Robert Way In beginning this article about Alibaba Group Holding Limited (NYSE:BABA) I can make a rare statement and write a sentence I could seldom write in the past few years. Since my last article was published on February 15, 2024, Alibaba increased 18% and clearly outperformed the S&P 500 (SPY). Data by YCharts But we should not obscure the fact that Alibaba is still trading way below its previous all-time high, and almost everyone who bought Alibaba in the last few years is still in the red. In my ...