Is $Alibaba(BABA)$ a good buy here?
With a Profits to Earnings (PE) ratio of 13.6 and a price of $123 i think it is. $Alibaba(BABA)$ is the Largest E-Commerce Company in one of the largest and most economically powerful country. It does its business internationally like Amazon as well serving customers world wide
Compare it with Amazon that has a PE ratio of 68.6, i think it is cheap and probably a good investment at these lower PE prices.
Do you like to buy things at a discount? I do.
Share your thoughts in the comments below.
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