BABA
- Signal From Noise
- Signal From Noise
Alibaba, Tencent Look Attractive on Strong Growth Potential
FS Insight, Bloomberg 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,...