Tag Archives: JBSS

Hot Undervalued Stocks To Invest In 2019

MKM Partners recently released a bullish note on Alibaba (BABA) stock with a Street-high $280 price target, implying more than 40% upside from current levels. We largely agree with MKM’s bull thesis on Alibaba, and further believe that near-term margin concerns are unnecessarily short-sighted, while big picture investors would be wise to focus on the company’s accelerating top-line growth narrative.

Overall, we feel that BABA stock remains materially undervalued below $200. Given peer valuations and intrinsic earnings growth potential, we believe that BABA stock can easily....More>>>