INVESTMENT COMPANY BERNSTEIN DOWNGRADES ALPHABET AND ALIBABA
Bernstein says it's time to move to the sidelines as competition grows.
The firm on Monday downgraded the tech giant to Market Perform from Outperform with a target price of $125 per share - representing or roughly 6% growth over the next year.
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It's a great place and a great company, but I have an aversion to the place and there's no train going through it...
Too bad BABA is not in the USA, it would be a beautiful investment. But then, of course, the price would be at completely different levels.
$BABA really isn't a bad company. It's just a shame that the main market is where it's based...otherwise it would be a great deal. Despite the risks, I don't want to do it...
I don't like the stagnant cloud there at all. If they want to do an IPO they should do something about it;)
Hey investors, have a nice Sunday.
This week 8.5 - 12.5 we had some interesting companies reporting their quarterly results.
For my part, I can say that I was pleasantly surprised by $WMT, whose results nicely exceeded expectations. I don't own shares of $WMT yet, but I would like to buy a few shares, but the share price would have to come down.
I was also a little disappointed...
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I would appreciate the following week if I understood trading. All the attention on Nvidia, I'm not getting anything out of it. 😁
I'm curious to see how the PSE situation plays out, I'd like to see Komercka a bit lower to buy.
I wasn't expecting that. I had high expectations for $BABA, although I didn't invest in it. So I'm glad I didn't miss out.
I am quite surprised by this, because analysts often tend to wear rose-coloured glasses. I wouldn't worry about these 2 companies in particular.