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