Peterson Investment Fund I reported a 10.1% decline in Q2 2025, outperforming the S&P 500’s 10.9% gain. The fund has returned 13.6% YTD, with a 10.9% annualized return since inception. Alibaba (BABA) is a top holding, rising 34.44% in the past month and 71.79% in the last 12 months, closing at $164.25 on Sept 22.

Peterson Investment Fund views Alibaba (BABA) as undervalued, with significant potential for cash returns. BABA is 17th among the 30 most popular hedge fund stocks, with 101 funds holding positions. Despite missing Q1 2026 earnings expectations, BABA remains a promising investment, with potential for upside growth and lower risk compared to other AI stocks.

Read more at Yahoo Finance: Is Alibaba (BABA) Still A Smart Long-Term Investment?