2024-06-26 00:07:02 ET
Summary
- Geopolitical risks are likely overestimated, with deep economic ties between the US and China and the historical crisis of the original Cold War suggesting a peaceful resolution.
- I am not claiming that BABA is a superior investment to Amazon, but its key business and financial metrics are certainly competitive with one of Wall Street's favorites.
- According to my intrinsic value calculations, the company that consolidates the world's largest e-commerce platforms by GMV and China's cloud leader is deeply undervalued.
My thesis
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For further details see:
Alibaba: Geopolitical Impact Overhyped