February 28, 2019

The Stars Are Aligning For $BABA

One of the most undervalued names in the recent rally in tech. I understand the ties to China and the dependence on a tariff deal, but there is a kicker that is not talked about enough with BABA. It is their cloud business. If you see how MSFT and AMZN are being priced in recent years because of AWS and Azure, then BABA is clearly undervalued. Tune in to see where I want in.

 

about the author:

Charles Moon

Charles Moon is a technical "whiz kid" whose experience lies in scalp/swing trading. A patient educator, Charles excels at coaching/mentoring and can make complex concepts simple. Prior to joining the ranks of Prosper Trading Academy, Charles was a proprietary equities trader with Great Point Capital LLC. Coming from a retail trading background, his experience can help those with no experience trading to seasoned veterans.

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