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Posted by
Two Blokes May 18 -
Filed in
Stock
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2 views
Upgrade Alibaba to BUY, seeing 20% upside as core ecommerce stabilizes and AI/cloud growth outpaces peers despite recent earnings miss. China commerce fundamentals are improving, with CMR growth accelerating and monetization gains driven by new tools and higher-commissioned product mix. AI is a long-term growth driver, but e-commerce remains the core; Alibaba leads in AI adoption and merchant productivity enhancements.
