Could Buying Alibaba Stock Today Set You Up for Life?

In the past, Alibaba (NYSE: BABA) was often viewed as the Amazon (NASDAQ: AMZN) of China. But the stocks of the two companies have been on completely different paths over the past decade. While Amazon's stock is up more than 1,400% in the past 10 years, as of this writing, Alibaba's stock is actually down more than 15%.While its stock has struggled, Alibaba's operational performance has actually been quite solid over the past 10 years. The company grew its revenue more than 10 times from $12.3 billion in 2015 to $130.3 billion in 2024. Meanwhile, its operating income rose from $3.9 billion in 2015 to $14.1 billion in 2024. While growth slowed the past few years, the company is working to reignite growth. Let's see if the stock has what it takes to be an investment that sets you up for life.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool