Alibaba (BABA) Stock Could Be Reasonable After Its 44% Run

Alibaba Group Holding has seen a mix of long term gains and shorter term share price pressure, which puts a fresh spotlight on whether today’s valuation is fully backed by its earnings power. With the business pushing deeper into AI infrastructure and cloud services, the key issue for you is how much of that story is already reflected in the current P/E and related earnings multiples. Over the past 3 years the stock has delivered a 43.9% return, so the earnings picture now needs to justify a...