Buy $BABA - NRPicks 28 Feb
Alibaba is the world’s largest online and mobile commerce company, measured by GMV (CNY 5.7 trillion/$846 billion for the fiscal year ended March 2019). It operates China’s most-visited online marketplaces, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer). Alibaba's China marketplaces accounted for 68% of revenue in fiscal 2019, with Taobao generating revenue through advertising and other merchant data services and Tmall deriving revenue from commission fees. Additional revenue sources include international retail/wholesale marketplaces (7%), cloud computing (7%), digital media and entertainment platforms (6%), Cainiao logistics services (4%), and innovation initiatives/other (1%). Mobile GMV accounted for roughly 85% of consolidated GMV in fiscal 2019.
- Growth
- 50.6% estimated net earnings growth for the next 3 years.
- ROE 11.7% vs. 12.8% industry average
- P/B 1.3x VS 1.4x industry.
Technicals:
- Price level below SMA 250-200-150-100
- Williams R% at -92% levels
- RSI (37) Oversold
- -6% average downside during the month
- Growth
- 50.6% estimated net earnings growth for the next 3 years.
- ROE 11.7% vs. 12.8% industry average
- P/B 1.3x VS 1.4x industry.
Technicals:
- Price level below SMA 250-200-150-100
- Williams R% at -92% levels
- RSI (37) Oversold
- -6% average downside during the month
Trade closed: stop reached
25 Mar
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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.