A "Very Red" crash is almost entirely off the table because the underlying top line volumes are exceptionally health. Driven by an uncharacteristically strong double digit revenue expansion and massive domestic excitement surrounding its operating system integrations with $Apple(AAPL)$ , the long term turnaround is undeniably visible.
Alibaba's active buy back program stands at a huge USD 65 billion. This acts as its defence shield. If earnings wobble, management can buy back to support the stock.
Compared to its US peers, Alibaba is undervalued & a great Buy.
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- AndrewWalkerΒ·08-20 18:13TOPThe Apple integration angle matters more than people think. From a longer view, that is ecosystem stickiness getting rebuilt while the market keeps staring at margin compression lol1Report
- fuzzyxΒ·08-20 18:13TOPThat buyback shield sounds weaker than bulls think. Four straight EPS misses plus softer free cash flow makes flat feel generous here1Report