I've been toying with the idea of buying $BABAstock lately . Granted, it's a Chinese company, which I hate to see, but $BABA seems pretty interesting to me right now. The stock is really cheap, the fundamentals look good, and the outlook for the future is positive.
How do you approach $BABAstock ?
I thought about buying $BABA stock for a long time and finally bought a few shares and established a small position. Now I'll wait and see what it does.
I have had the stock in my portfolio for some time and amcvd a loss, but will hold as I believe growth will come.
I don't invest in China, so I stay away from $BABA stock.
So it's basically a bet on geopolitics. Alibaba will be successful if there is a reasonable trade deal between the US and CN.
How is this more interesting than a few years ago?