Alibaba (BABA) is considered undervalued with impressive P/E and PEG ratios.

From Nasdaq: 2024-10-08 09:40:18

The Zacks Rank system analyzes earnings estimates and estimate revisions to identify winning stocks. For investors seeking strong picks, value investing remains a popular method in any market due to its reliable valuation metrics. Alibaba (BABA) stands out as a Buy with an impressive P/E ratio of 13.15 and PEG ratio of 0.53, while Match Group (MTCH) also offers value potential with a PEG ratio of 0.67.

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Read more at Nasdaq: Are Investors Undervaluing Alibaba (BABA) Right Now?