- Alibaba registers higher revenues and lower earnings, largely due to increasing focus on physical stores and bargain-hunting initiatives.
- Blockbuster movie releases and relaxing norms on games potentially mark a turnaround for its beleaguered entertainment segment.
- While current ratios make Alibaba quite attractive, past performance doesn't imply future results. Recessionary concerns will likely prevail.
- The stock tends to take amplified cues to market trajectory, making it a rather volatile choice in the near term.
- It bears noting that there may never be a single champion to emerge from China's ongoing platform wars.
For further details see:
Alibaba Stock: Post FY Results, Is It A Buy? The Answer Is Complicated