Report
R.J. Hottovy
EUR 100.00 For Business Accounts Only

Alibaba's 2018 Investor Day Reinforces Long-Term Optionality of Network Effect, Attractive Valuation

In our view, wide-moat Alibaba's 2018 investor day event accomplished three goals: (1) reinforcing the network effect underpinning our wide moat through impressive user engagement figures; (2) alleviating concerns about trade wars and other potential macroeconomic issues; and (3) giving us greater visibility regrading future investment priorities. While the event won't sway our $240 fair value estimate, we view Alibaba as one of the most attractively priced names among our global online retail c...
Underlying
Alibaba Group Holding Ltd. Sponsored ADR

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
R.J. Hottovy

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