I see that $BABA-2.4% stock is down over 20% in the last year and even though it is a Chinese company I am considering buying it. However, this stock is not that important to me and I would buy shares down to below $72.
Do you have $BABA-2.4% stock in your portfolio and at what price are you overbought?
Alibaba
BABAMarket Cap
2T
P/E
16.73
Div. Yield
0.00%
EV
2.1T
P/S
2.06
Payout
38.84%
I already have a small purchase but I'm still waiting because it should go down a bit more no less $BABA-2.4% in my portfolio I definitely want to have 👍 there is a possibility of great appreciation and even if there is more risk it's worth it.
I still don't know about China. I probably wouldn't put more than 0.5% of my portfolio in it.
15% ptf. I'm prepared for any scenario, but I'm leaning towards a happy ending. 😁
I'll probably gradually approach 20%.