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• ALIBABA STOCK FORECAST NEXT 12 MONTHS SOFTWARE

Munger is a prominent investor and is Warren Buffet's "Lieutenant" in many ways. Why is it that Charlie Munger has such an oversized effect on Alibaba? Mr. Moreover, shouldn't we look at the company's fundamentals to gauge whether Alibaba's business is a good buy at its current valuation? What about the positive tone coming out of Chinese regulators? Once we put aside the noise, we see that Alibaba is probably going through a transitory phase, after which the stock will likely recover and move substantially higher as we advance. However, why are we emphasizing what one investor is doing with his Alibaba position? Why don't we look at other top holders of the company's stock? Munger's stake in the company is still a formidable $28.5 million.

If we use the recent stock price of $95, Mr.

After the sale, the Alibaba stake accounted for approximately 15% of the company's equity portfolio. Munger's Daily Journal reduced its Alibaba position from around 600,000 shares to 300,000 shares. The company was incorporated in 1999 and is based in Hangzhou, the People's Republic of China.Andrew Braun/iStock Editorial via Getty ImagesĪlibaba Group Holding Limited's ( NYSE: BABA ) stock dropped below $100 again following the recent news that Warren Buffet's "lieutenant" Charlie Munger slashed his stake in the Chinese e-commerce giant by 50%. Additionally, it operates Youku, an online video platform Quark, a platform for information search, storage, and consumption Alibaba Pictures and other content platforms that provide online videos, films, live events, news feeds, literature, music, and others Amap, a mobile digital map, navigation, and real-time traffic information app DingTalk, a business efficiency mobile app and Tmall Genie smart speaker.

ALIBABA STOCK FORECAST NEXT 12 MONTHS SOFTWARE

Further, the company provides elastic computing, storage, network, security, database, big data, and IoT services and hardware, software license, software installation, and application development and maintenance services. In addition, it offers pay-for-performance, in-feed, and display marketing services and Taobao Ad Network and Exchange, a real-time online bidding marketing exchange. The company also operates Cainiao Network logistic services platform Ele.me, an on-demand delivery and local services platform Koubei, a restaurant and local services guide platform and Fliggy, an online travel platform. It operates Taobao, a digital retail platform Tmall, a third-party online and mobile commerce platform Alimama, a monetization platform and, which are online wholesale marketplaces AliExpress, a retail marketplace Lazada, Trendyol, and Daraz that are e-commerce platforms Freshippo, a retail platform for groceries and fresh goods and Tmall Global, an import e-commerce platform. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others. Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally.