Is Alibaba Stock a Warren Buffett-Worthy Investment?
A cursory inspection might make some investors wonder why Warren Buffett and his company, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), have never taken a position in Chinese tech conglomerate Alibaba (NYSE: BABA). It's the leading e-retailer in China and has many similarities to Berkshire-holding Amazon, possibly making it a logical choice.
Buffett and his team often make unexpected investment decisions, and investment proposals often fall through upon closer inspection. Nonetheless, researching whether one can view Alibaba as a "Buffett stock" could provide valuable insights on whether average investors should take a position in it.
Image source: Alibaba Group.
Source Fool.com
Alibaba Group Holding Ltd ADR Stock
€127.80
-3.770%
The stock is one of the favorites of our community with 44 Buy predictions and 1 Sell predictions.
With a target price of 157 € there is a positive potential of 22.85% for Alibaba Group Holding Ltd ADR compared to the current price of 127.8 €.
