Alibaba achieved the status of becoming the largest retailer and e-commerce company in the world.
Plenty of opportunity exists to expand internationally.
The current pullback and the coronavirus situation may create a better buying opportunity.
Alibaba (BABA) has the following company mission: "To make it easy to do business anywhere". The company provides the technology infrastructure and marketing reach to help merchants, brands, and other businesses leverage the power of new technology for efficient transactions between parties.
The article is for informational purposes only (not a solicitation to buy or sell stocks). David is not a registered investment adviser. Kirk Spano is an RIA. Investors should do their own research or consult a financial adviser to determine what investments are appropriate for their individual situation. This article expresses my opinions and I cannot guarantee that the information/results will be accurate. Investing in stocks involves risk and could result in losses.
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