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NYSE:BABA
The Amazon of China with hundreds of millions of uses and merchants. It's down 9% YTD as investors are concerned that management has underinvested in its businesses, spread too thinly over many initiatives. Will these initiatives accelerate the top line? This could be interesting, but he doesn't know BABA well.
The Amazon of China. It's had a rough ride because of Chinese government pressure, but he expects this stock to come back.
Likes it at these levels. Regulatory risk is there, but is priced in. Exposure to e-commerce in China, cloud computing, and media. Can't compare it to AMZN, as AMZN is hard to value by traditional metrics.
Stan Wong states that it's important to look from a contrarian standpoint sometimes. Accounts for 58% of online retail spending in China. The government scrutiny has made the stock drop 35%-40%. Good opportunity. Social media mentions are up 129%.