2024-06-05 07:19:11 ET
Summary
- Alibaba's fundamentals continue to improve as its e-commerce business demonstrates strength and AI-related revenue soars.
- Alibaba has invested in several promising Chinese AI startups over the last few quarters, indicating the management's focus on maintaining the company's technological edge.
- BABA stock is steadily gaining momentum, which is crucial for sustainable share price growth.
Investment thesis
My previous bullish thesis about Alibaba ( BABA ) aged well, as the stock gained 7.3% since March, outperforming the broader U.S. market. A lot happened over the last three months, and today I want to share my insights about recent developments, which make me even more optimistic....
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For further details see:
Alibaba: Top Choice To Get Chinese AI Exposure