Alibaba May Be Too Attractive to Ignore
Alibaba Group Holding Ltd (NYSE:BABA) would likely trade at a much higher multiple if it was a U.S. company like Amazon.com, Inc. (NASDAQ:AMZN).
BABA stock trades at 23x 2017 EPS, representing a major discount to the 93x for Amazon. So should Alibaba Group Holding stock trade at $386.00 based on a multiple of 93x? My initial thought is BABA stock is not worth even close to 93x.
The problem is that comparing the investment merits of companies is more than simply looking at the.
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Alibaba Group Holding Ltd (NYSE:BABA) would likely trade at a much higher multiple if it was a U.S. company like Amazon.com, Inc. (NASDAQ:AMZN).
BABA stock trades at 23x 2017 EPS, representing a major discount to the 93x for Amazon. So should Alibaba Group Holding stock trade at $386.00 based on a multiple of 93x? My initial thought is BABA stock is not worth even close to 93x.
The problem is that comparing the investment merits of companies is more than simply looking at the.
Den vollständigen Artikel lesen ...