alibaba (nyse:baba)

average entry cost: $86.36 per share
time period of buying: december 2024

exit period: na. will update when exited.

reasons of buying this company:

market cap $211 billion

free cash in hand: $90 billion

price to earnings: 12

one of the largest retailers in the world

fast growing alibaba cloud business

portfolio of company includes compamies like aliexpress, alibaba.com. taobao, uc

investor sentiments were down due to us-china trade war and us president uncertainty