ALIBABA STOCK WAY UNDERVALUE – SHOULD YOU BUY NOW?

BY COLLIN HARNESS

The Alibaba stock is way undervalued. 800 Million users, but only $450Billlion Market Cap. Alibaba has gone through so many issu

The Alibaba stock is way undervalued.

800 Million users, but only $450Billlion Market Cap.

Alibaba has gone through so many issues have been crushing the stock price. The Alibaba stock is one of the most valuable in China and acts as a bellweather for the entire nation of China. And the Chinese economy has been going through some changes from the 2020 illness to the government crackdown on big tech.

What happened to Jack Ma? Jack Ma just recentely resurfaced in Hong Kong after being hidden from the public for a long time, because of a speech he gave criticizing Chinese regulators of stifling technological growth.

This led the Chinese government to give a closer look into Alibaba and its sister company Ant group. Alibaba was seen as being too large and anticompetitive.

Alibaba stock sold in the US also has a unique ownership structure that should give all investors pause.

The Evergrande real estate crisis has made many Chinese consumers rethink their spending and purchases.

The government crackdown on technology companies: Didi and Meituan as well as online tutoring and gaming businesses has depressed the overall chinese stock market.

And the government regulation and overseas listing has driven the Alibaba stock price to record lows. Be greedy when others are fearful. Charlie Munger is going ALL IN on Alibaba stock.

Is now the right time to buy this undervalued stock?

Check out the video below to find out all of my thoughts on this stock.

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