NYSE:BABAMultiline Retail
Is It Too Late To Consider Alibaba After Its 77% Rebound And Regulatory Easing?
If you are wondering whether Alibaba Group Holding is still a bargain after its big rebound, or if you have already missed the boat, you are in the right place to unpack what the current price really implies.
The stock has climbed 77.7% year to date and 80.3% over the last year, even though the 5 year return is still down 28.6%. This combination points to shifting market expectations and a possible rerating story in progress.
Much of this renewed interest has been driven by Beijing easing...