NYSE:BABA
When price 1st hit $200, you were paying for a company with about $30billion revenue, less than $10billion net income. PS ratio at 16 and PE ratio of 60.
For the same price, you can now buy a company at 8x sales and 20x profit. Sales have now doubled at over $60billion and profits at last results were $13billion, doubling in the last 2-3 years.
In...
