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Alibaba: Is Asia’s E-Commerce juggernaut worth a buy?
By Financial Horse  •  April 14, 2018
As at 13 April 2018, Alibaba Group Holding Limited (NYSE: BABA) closed at USD 172.04, which is 42 times trailing twelve month (TTM) P/E and approximately 26 times forward P/E. It’s had an amazing run-up from USD 110 12 months ago, but as the 12 month chart below shows, the price has been stagnating since about September last year. Comparatively, Amazon has gained about 42% in the same time period. I’ve long been a fan of Jack Ma’s Alibaba, and I absolutely love the long term growth prospects of China and South East Asia. I decided to take a closer look at this E-Commerce juggernaut, to determine if I should be putting some of my hard earned...
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By Financial Horse
Financial Horse was founded with a simple goal – To provide high quality financial commentary, in plain English. He is a firm believer in Einstein’s quote that “If you can’t explain it to six-year-old, you don’t understand it yourself.” Too much of finance is shrouded in complex jargon, and Financial Horse aims to demystify financial investments.
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