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Is Alibaba a "Buffett Stock?"

One of my favorite Warren Buffett investing aphorisms holds that “price is what you pay … value is what you get.”

That bit of wisdom from the “Oracle of Omaha” came to mind yesterday when I saw that Piper Jaffray analyst Gene Munster upgraded shares of Yahoo! Inc. (Nasdaq: YHOO) from “Neutral” to “Overweight” (institutional code for a “Buy”), arguing that the company’s stake in Alibaba Group Holding Ltd (NYSE-WI: BABA), China’s No. 1 e-commerce player, is worth a lot more than most folks realize.

We couldn’t agree more…

Martin Hutchinson

Research Services- Money Morning - Only the News You Can Profit From.

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