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Alibaba stock is down 70% since its all-time high but the business has become better. Is BABA stock a buy?
In this video, I will talk about Alibaba (BABA 1.14%), the state of the company, why this might be the biggest disconnect I've seen between a stock and the underlying business, the Cainiao IPO, and what will make this stock move up.
*Stock prices used were from the trading day of Sept. 27, 2023. The video was published on Sept. 28, 2023.
Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool recommends Alibaba Group. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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