Subscribe to Money Morning get daily headlines subscribe now! Money Morning Private Briefing today's private briefing Access Your Profit Alerts

As Wall Street Begins to Take This Stock Mainstream, We See Legacy Profits Ahead

We've been a big bull on Chinese e-commerce heavyweight Alibaba Group Holding Ltd. (NYSE: BABA) since long before its September 2014 initial public offering (IPO).

I know, I know... everybody hates China as a profit play.

And there's no denying that this company has near-term issues it needs to hash out.

But long term, this company will turn out to be an investment your grandkids tell tales about.

Founder Jack Ma & Co. are managing this company with the same kind of "constructive paranoia" that I've seen in other companies that refuse to get left behind.

Leave a Reply

Your email address will not be published. Required fields are marked *

Some HTML is OK