Alibaba Stock Looks Like a Screaming Buy. Is It Really?

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Alibaba Group Holding stock has gotten hit so hard that on nearly every measure it looks like a screaming buy. Unfortunately, the decision doesn’t rest simply on financial metrics.

Here are the facts: Alibaba stock (ticker: BABA) has dropped 46% in 2021, a terrible result no matter what the rest of the market is doing. It’s made worse by the fact that the rest of the market is doing quite well. The S&P 500 has gained 25%, while Google parent Alphabet (GOOG) and (AMZN), U.S. stocks most similar to Alibaba, have gained…

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