S&P 500 ^GSPC
5,123.41
-1.46%
Nvidia NVDA
$881.95
-2.67%
Meta META
$511.90
-2.15%
Tesla TSLA
$171.05
-2.03%
Amazon AMZN
$186.13
-1.54%
Microsoft MSFT
$421.90
-1.41%
Alphabet GOOG
$159.19
-1.00%
Apple AAPL
$176.55
+0.86%

Today, Alibaba Group reported its results, which beat expectations. I don't like the politics in China and I don't know if I want to invest in Chinese stocks at the moment. However, if the share price drops to $85 or lower, I would probably think about buying.

Do you have $BABA-4.8% stock in your portfolio and how do you view Chinese stocks?

BABA

Alibaba

BABA
$71.29 -$3.56 -4.76%
Capital Structure
Market Cap
191.9B
Enterpr. Val.
1.3T
Valuation
P/E
13.3
P/S
1.5
Dividends
Yield
0.2%
Payout
0.0%

I'm just watching Chinese stocks for now

Great, at least I'm not alone :D

I just don't have the guts to do it:D

I join the opinion and exactly well, it's China, more risk, but it where not. I'm not in it anymore, I've tested my nerves on it 😂 I invested for the first time and caught the growth, back when the price was even around $120, sold, made a profit. Then I bought again around 100$ but it went down and waited a long time before it came back, then it dropped again and I didn't want to jump in again. Even though the price around $80 looked pretty tempting. So congrats to those who have and are now going green. 👍

Yeah, I get it. If I had Chinese stocks in my portfolio, I'd probably do a short/medium term trade in them too.

I had a problem with it for a while, but I got over the fact that it's China. Holt comes with some risk, but in this case it was so cheap it couldn't be ignored. I bought it for something like $83.

Sure I get it. $83 is a nice price and I'd like to buy at that price too.

Nice rinse today. We'll see how it goes next week. I'd take something if I could.