Alibaba is on the upward trend line after years of a downward trend. The AI business is booming. The fundamentals speak for themselves. The price/earnings ratio for 2025 is around 12 and is on Value level. The conflict with the Chinese party seems to have improved. The company is buying back shares. I have therefore increased my long position today
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.