BABAF - Consumer Discretionary: Go East This Is What We're Gonna Do
- If you're mostly looking for growth - Consumer Discretionary is the most attractive sector for you.
- If you're mostly sensitive to valuation - Consumer Discretionary is the least attractive sector for you.
- Amazon is a terrific all-around player, and it should be part of any roster but is it the current MVP? Is it even among the starting lineup?
- We like Amazon, but we like Chinese stocks that are part of this sector better. Anything that Amazon can do - they can do too/better.
- Of course, the big Chinese brother also is watching, however, assuming that most of the damage has already been done, we see no reason to avoid names like Alibaba, JD.com, or Pinduoduo.
For further details see:
Consumer Discretionary: Go East, This Is What We're Gonna Do