Better Buy: Tencent vs. Alibaba

Tencent (OTC: TCEHY) and Alibaba (NYSE: BABA), two of the largest tech companies in China, both recently posted quarterly earnings reports that beat analysts' expectations. Tencent's revenue and adjusted earnings rose 29% and 28%, respectively. Alibaba's revenue rose 34% annually as its adjusted earnings grew 18%.

Those impressive growth rates haven't gone unnoticed: Tencent's stock has rallied more than 50% over the past 12 months, while Alibaba's stock has risen over 40%. So is either stock still worth buying near its all-time high?

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Source Fool.com