- My two favorite Chinese companies, Alibaba and Baidu, have declined for more than a year.
- During that time, both stocks became drastically oversold and dramatically undervalued.
- While there is some risk in owning Chinese stocks, I don't see why they should trade at such ridiculously low multiples.
- After all, China's growth isn't dead, and there is remarkable growth potential in quality tech, especially after the meltdown.
- I own Baidu and Alibaba, but I am about to add two more Chinese stocks to my All-Weather Portfolio.
For further details see:
Alibaba And Baidu: The Bottom Is Finally Here