U.S. stock researcher KawzInvests said on Aug. 16 that Alibaba (BABA) is still undervalued by the market, pointing to growth across its cloud and AI businesses as well as the value of its semiconductor holdings. In the post, KawzInvests said Alibaba Cloud’s external revenue rose 40% year over year last quarter. The researcher also said revenue from Alibaba’s AI products has now recorded triple-digit growth for 11 consecutive quarters, extending a streak that the post framed as a key part of the company’s current valuation case. KawzInvests also highlighted Alibaba’s stake in ChangXin Memory Technologies, or CXMT. According to the post, Alibaba holds about a 5% stake in CXMT. The initial investment cost for that position was about RMB 7.6 billion, while the value of the holding has now climbed above $20 billion. The comments were cited by BlockBeats in a market analysis item published the same day.
BlockBeats reported on Aug. 16 that rising U.S. stock researcher KawzInvests (@KawzInvests) said Alibaba (BABA) remains undervalued by the market.
In the post, KawzInvests said Alibaba Cloud’s external revenue increased 40% year over year last quarter, while revenue from the company’s AI products has delivered triple-digit growth for 11 consecutive quarters.
KawzInvests also said Alibaba owns about a 5% stake in ChangXin Memory Technologies (CXMT). The position was originally acquired at a cost of about RMB 7.6 billion, and the value of that holding has now exceeded $20 billion.
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