Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.

home / news releases / BABA - Alibaba: One Step Forward Two Steps Back (Rating Downgrade)

BABA - Alibaba: One Step Forward Two Steps Back (Rating Downgrade)

Alibaba Group Holding Limited American Depositary Shares each representing one

2024-07-21 08:30:00 ET

Summary

  • Alibaba investors have witnessed several "false dawns" over the past two years.
  • BABA bulls have failed to hold on to their positions after surges, demonstrating a lack of conviction.
  • Further trade restrictions on semiconductor stocks could impact Alibaba's supply chain and hinder near-term sentiments.
  • A potential Trump second term could worsen the geopolitical headwinds with China, intensifying execution risks.
  • I argue why I've finally learned my lessons on BABA, as my bullish thesis never really took off. Read on.

Alibaba: Disappointing Recovery

Alibaba Group Holding Limited ( BABA ) (BABAF) investors have endured another disappointing fourth fiscal quarter as Alibaba's growth recovery remains tepid . Geopolitical headwinds between the US and China have also intensified as the US steps up pressure against China . Accordingly, the Biden administration could implement the "most severe trade restrictions available" on ASML ( ASML ) and Tokyo Electron ( OTCPK:TOELY ). ...

For further details see:

Alibaba: One Step Forward, Two Steps Back (Rating Downgrade)
Stock Information
Company Name: Alibaba Group Holding Limited American Depositary Shares each representing one
Stock Symbol: BABA
Market: NYSE
Website: alibabagroup.com
Menu
BABA BABA Quote BABA Short BABA News BABA Articles BABA Message Board
Get BABA Alerts

News, Short Squeeze, Breakout and More Instantly...