Alibaba Group Holding Ltd ADR
BABA: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$695.00 | Cxgs | Mjmjgvjzt |
Alibaba’s Restructuring Call Indicates Improved Capital Allocation and Return to Shareholders
Our takeaways from the conference call on restructuring with wide-moat Alibaba Group on March 30 were positive. We view management’s comments on the sale of less strategic investments positively, and we expect there to be capital returned to shareholders following the spinoffs.