Cristia Calle Mercado @CCalle: "𝘼𝙇𝙄𝘽𝘼𝘽𝘼 𝙐𝙋 𝙊𝙑𝙀𝙍 𝟭𝟬%. 𝙒𝙃𝙔?? Alibaba..."

Spain

𝘼𝙇𝙄𝘽𝘼𝘽𝘼 𝙐𝙋 𝙊𝙑𝙀𝙍 𝟭𝟬%. 𝙒𝙃𝙔?? Alibaba has risen today by over 10% in Hong Kong trading hours. As you know, $9988.HK (Alibaba Group Holding Ltd (Hong Kong)) is one of my main positions, and very bullish about the company. But why is it going up today? Alibaba's management ( $BABA (Alibaba-ADR) ) has had an earnings preview with investment banks. In it, the main remarks have been: ✅ E-commerce profits remain stable ✅ Cloud growth accelerates at ~45% YoY ✅ Quick commerce profitability is closer than expected All these signs are great. If you go check my last analysis of Alibaba's earnings release, the second and third points are crucial to Alibaba's investment thesis. With such huge growth in cloud, paired with the end of the cash-burning quick commerce promotions, we are talking about a business strongly undervalued. Besides, the company is buying back shares consistently. Today, for the sixth consecutive day, Alibaba has bought back over 4 million shares (~50 million dollars per trading day). Good news, good profitability, and good activity by the management are all green flags, which explain the positive action of the stock lately. I remain very bullish about this business, and that's why I maintain it as one of the core positions of my portfolio. ___________________________________________________________ 👉🏼 I'm Cristià Calle, a former CFO of a multinational company with more than 10 years of experience in finance. I apply my knowledge to the stock market to buy businesses for cents on the dollar. Since its inception, my portfolio has returned over 200%, with a compounded annual growth rate of +20% during the first six years. Let a professional manage the strategy ➡️ Copy my portfolio today. $SPX500 $NSDQ100 $GER40 $FRA40 $BTC $MU (Micron Technology, Inc.) Capital at risk. Past performance is not indicative of future results.

Not investment advice. The author may have financial interests in the mentioned instruments.