From Nasdaq: 2024-05-18 08:45:00

Alibaba (BABA) shares fell after reporting mixed Q4 earnings, beating revenue estimates while seeing a drop in profitability. The company’s largest segment, e-commerce, grew by 4%, with orders and GMV rising double-digits. The cloud intelligence group grew 3% and AI-related revenue soared triple-digits. While adjusted earnings and EBITA fell, the company expects growth in key segments. Despite recent challenges, Alibaba’s stock is trading at a forward P/E of 9x, a discount to historical levels. With $85.5 billion in cash and a focus on strategic investments, Alibaba shows signs of a potential turnaround. The company’s diverse business units are showing improvement, making it an attractive option for long-term investors. Should you invest $1,000 in Alibaba Group right now? The Motley Fool Stock Advisor team identifies the 10 best stocks for investors to buy now, potentially leading to significant returns in the coming years.考えられる市場セクターThis site is here to help people bring their vacation ideas to reality.



Read more at Nasdaq: Alibaba Tops Revenue Estimates, but Shares Fall. Is This a Great Opportunity to Buy the Stock?