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Alibaba Group Holding Ltd (BABA) Vs. Amazon.com, Inc. (AMZN): Which Stock Is Most Preferred By Experts At The Moment?

Amazon.com, Inc. (NASDAQ:AMZN) has opened its online store in Alibaba Group Holding Ltd (NYSE:BABA)’s online store Tmall. Meanwhile, Experts like Tim Seymour, Brian Kelly and Pete Najarian talked on CNBC about which stock they would prefer among the Amazon.com, Inc (NASDAQ:AMZN) and Alibaba Group Holding Ltd (NYSE:BABA) stocks.

BABA, AMZN

Amazon.com, Inc. (NASDAQ:AMZN) has gained more than 22.5% since the beginning of this year, whereas Alibaba Group Holding Ltd (NYSE:BABA) has lost around 20% since the beginning of this year. Seymour said that it was an easy pick for him as he is long Alibaba Group Holding Ltd (NYSE:BABA) stock and he has no position in Amazon.com, Inc. (NASDAQ:AMZN) stock. He accepted the fact that Alibaba Group Holding Ltd (NYSE:BABA) is not doing very well at the moment and he feels that Chinese New Year came at the wrong moment for the stock to dip and he said that stock might do bad for some time to come. He added that he likes Alibaba Group Holding Ltd (NYSE:BABA) stock mainly due to these reasons.

“[…] Especially if you look at these stocks, you have got Amazon up 22%, you have got Baba down 18%. We know the sentiment on Baba is terrible. But part of this is just the season along with the Chinese New Year came at the wrong time. Some of the numbers coming out there are seasonally weak. They are also making significant fix investments. So the numbers in the short run might continue to get choppy. You have a lock up coming up. There is a lot of reasons why people running scared. That’s the reason you stay in this name. Its so beaten up the valuation is decent here. I like it,” Seymour said.

Kelly said that he agrees with Seymour’s comments on Alibaba Group Holding Ltd (NYSE:BABA) stock and he added that he is not very excited about getting into Amazon.com, Inc. (NASDAQ:AMZN) stock at the moment. So he also preferred Alibaba Group Holding Ltd (NYSE:BABA) stock over Amazon.com, Inc. (NASDAQ:AMZN).

Najarian said that he would like to be in Amazon.com, Inc. (NASDAQ:AMZN) stock, but he also has holding in Alibaba Group Holding Ltd (NYSE:BABA) stock.

Disclosure: None

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