BABA – Alibaba- the impact of the US election and China stimulus
Hi James, (I sent you this query last week but because it was submitted past the Friday noon cut-off time, it wasn't answered - hopefully this time:) I've recently subscribed and am happy with the scope of the information and perspective which MM provides - thanks! I'm aware that you have covered BABA last October when the first round of Chinese stimulus boosted the share price. And with more stimulus last week, an enhanced BABA price. However, the advent of Trump and the prospect of tariffs on Chinese imports to the US makes me question whether BABA is likely to be a long term profitable hold in the future. I am aware BABA is a mammoth with a range of services, and is not wholly dependent on exports, but I am unsure of the substantive 'drivers' of BABA's profitability. Seems at least in the short term, that the share price is dependent on stimulus rather than anything else on the horizon. What are the factors which will make BABA worth holding?
