Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

I'm Getting More Comfortable With My Alibaba Stock. Here's Why

TheMotleyFool

0 0

I'm Getting More Comfortable With My Alibaba Stock. Here's Why: https://g.foolcdn.com/editorial/images/710693/young-woman-with-pen-and-notebook-thinking.jpg

It's been challenging to hold Alibaba's (NYSE: BABA)stock over the last two years as it lost more than 70% of its market value.

As the stock price fell, investors questioned whether Alibaba had reached its prime and was bound to decline further. Still, I decided to hold on to the stock as the company worked through its issues.

While it's still early, Alibaba's latest earnings result justifies my earlier decision.

Source Fool.com

Like: 0

BABA

Share