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- Both are among the dominant global players and in their various businesses in China

- China e-commerce markets fast growing; BABA, Tencent comparable to AMZN, FB

- Even after stocks up big, potential for shares to continue outperforming the SPX

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The shares of Alibaba Group Holding (BABA) and Tencent Holding (TCEHY/700 HK)  have been on a tear lately, up 28% and 19%, respectively. Despite that—or perhaps because of it—I think both stocks are attractive in the long term. A good 2020 is potentially in store too, if, as I expect, the bull market canters forward. 

Maybe you’re saying to yourself, “Hey, it’s too late. The train has left the station.” I beg to differ. Given the global growth potential available to both these firms, I maintain there’s more room to rise. Investors should compare these two Chinese e-commerce giants to peers Amazon (AMZN) and Facebook (FB). Like the latter, BABA and Tencent aren’t at the beginning of their growth story, but the Chinese firms sit at earlier points in their growth trajectory than the American internet behemoths.

In a nutshell, both these stocks look like an option on continuing years of growth in China but also in the rest of the world. I think that’s a likely scenar...

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