Is Alibaba’s Stock A Buy With Its Treasure Chest Despite ‘400’ Counterfeiters?

Alibaba Group’s reported its fiscal fourth quarter earnings results on Thursday that saw the Chinese internet ecommerce giant top sales forecasts, showing year-on-year (y-o-y) revenues up 39%. But with its profits falling short of analysts’ and The Street’s expectations, the question remains is the stock a buy at below the $100 mark and at current levels?

from Forbes – Tech http://ift.tt/1O3ZgWR
via IFTTT