ALIBABA STOCK IS REALLY UNDERVALUED FOR THE NEXT 5 REASONS:

1) Revenue is growing in the range of 6-10% with a bad Chinese macro environment (during the first months of 2024 it's improving).

2) The business is incredibly diversified as you can see in the pictures, the risk is lower compared to competitors like $JD and $PDD.

3) Company is expanding his business internationally very fast in fact Alibaba International (Aliexpress, Alibaba. com and Lazada) and Cainiao Logistics are growing crazy during last quarters.

4) Company is trading at 7.9 Fwd PE, it's a lower multiple even compared to Verizon (just to better understand the situation), that's ridiculous. I know, it's China, but we have to remember that the country is fundamental for the entire world economy.

5) Alibaba has around $63B in Net Cash that represents 35% of the $180B Market Capitalization.
That's a huge amount of money, $AAPL for example has around 50B of Net Cash, less than Alibaba.
They're starting to use it to buyback shares aggressively in 2024 (2.5% of the company in Q1 and 5% of the company in the LTM).
They're also paying a 1.40% yield annual dividend.