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Alibaba Full Year Earnings Update | BABA Stock
This episode includes a summary and thoughts on Alibaba's Full Fiscal Year 2023 Results, the current China economic backdrop, Alibaba’s ongoing share repurchases, a brief update on Alibaba's planned spinoffs including Alibaba Cloud, some comments from the CEO and CFO, and the overall direction of company.
Timestamps:
00:00 Intro
00:25 BABA the controversial stock
01:20 Alibaba the company
03:00 CEO & CFO comments
04:30 Multiple spinoff announcements
05:30 New business capital allocation priorities
06:30 Substantial Free Cash Flow
07:10 Financial results overview
08:20 Share buybacks
09:19 Substantial net cash position
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The main investment brokerage I use to buy international stocks, and to hold cash, is Interactive Brokers (referral link): https://ibkr.com/referral/john5664
I use GuruFocus for historical, financial and valuation data, screeners, charts and comparison tools, to help me make smarter long-term investing decisions (refferal link):
https://www.gurufocus.com/?r=2c95d5930bb2537b2e0265075fb66581
Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.
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