(NYSE: BABA), once a Chinese growth powerhouse, faced a turbulent period as revenue growth fell to an all-time low in the  fiscal year ending March 31, 2023. As its financial performance deteriorated, Alibaba's stock price fell to lows unseen in recent years.

Still, the latest quarter shows glimmers of hope with a reacceleration of revenue growth and improved profitability across its divisions. Is the worst over for the company? And more importantly, is the stock a buy now?

This article will address those questions.

Continue reading

Source Fool.com