We came across a bullish thesis on Alibaba Group Holding Limited on The Oak Bloke’s Substack. In this article, we will summarize the bulls’ thesis on BABA. Alibaba Group Holding Limited's share was trading at $164.26 as of December 1st. BABA’s trailing and forward P/E were 21.30 and 24.39 respectively according to Yahoo Finance.
[caption id="attachment_569256" align="aligncenter" width="750"]Alibaba Group Holding Ltd. (BABA), with a market capitalization of about US$380 billion and trading at 18x P/E, is positioned as one of...
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