We came across a bullish thesis on Alibaba Group Holding Limited (BABA) on Twitter by Yannis Stamatopoulos. In this article, we will summarize the bulls’ thesis on BABA. Alibaba Group Holding Limited's share was trading at $107.89 as of October 9th. BABA’s trailing and forward P/E were 27.13 and 12.56 respectively according to Yahoo Finance.
Alibaba ($BABA) presents an intriguing investment opportunity given several key factors. Penetration in China's e-commerce market is projected to increase from 30% to 40% over the next five years, supported by prevailing secular trends....
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