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Alibaba Group Holding Limited (BABA): A Bull Case Theory

We came across a bullish thesis on Alibaba Group Holding Limited (BABA) on Substack by Kontra Investments. In this article, we will summarize the bulls’ thesis on BABA. Alibaba Group Holding Limited (BABA)'s share was trading at $135.14 as of March 21st. BABA’s trailing and forward P/E were 19.61 and 13.37 respectively according to Yahoo Finance.

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Alibaba delivered a strong financial performance in its latest quarter, exceeding market expectations with 8% year-over-year revenue...