Alibaba Stock: Bargain Opportunity or Value Trap?
Watch Here - Alibaba Stock: Bargain Opportunity or Value Trap?
Everyone is talking about this controversial stock - $Alibaba(BABA.US$ $BABA-SW(09988.HK$ after it fell 10% largely due to the cancelled Cloud unit IPO.
Analysts are also hot on Alibaba's tail, all rushing to cut their target prices after the stock sell off.
However, Jack Ma's office released a statement saying that the stock price is very 'undervalued’ and reversed their plan to sell the shares because the stock price dropped 'too much'.
So who's right or who's wrong? Lets find out more in today's video where we share about the BULL and BEAR arguments on Alibaba stock...
Watch Here - Alibaba Stock: Bargain Opportunity or Value Trap?
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