Alibaba Stock Still Undervalued, Morningstar's Tam Says

The video discusses Alibaba's expected 8% decline in fiscal 2023 due to investments in content, cloud, and after-sales services, alongside macroeconomic challenges. It predicts market recovery in the next year, with the June quarter as the bottom. The primary listing in Hong Kong may diversify Alibaba's investor base but its impact on valuation is uncertain. The stock is considered undervalued due to regulatory fears and ecommerce competition, with short-form video platforms posing significant challenges.

What is one of the main reasons for the expected 8% decline in Alibaba's fiscal 2023?

• Investment in content and cloud services

• Decrease in product prices

• Increased competition from traditional retail

• Reduction in workforce

What is a potential benefit of Alibaba's primary listing in Hong Kong?

• Expansion into new markets

• Reduction in operational costs

• Inclusion in the stock Connect program

• Increased product sales

What is the analyst's price target for Alibaba's stock?

• $150

• $179

• $220

• $200

What is a significant factor contributing to Alibaba's low stock multiples?

• Decreasing global presence

• Lack of innovation

• Regulatory fears and competition

• High employee turnover

What is the expected trend for Alibaba's market share over the next 10 years?

• Remain stable at current levels

• Increase to over 70%

• Fluctuate unpredictably

• Decline to below 50%