3/13/23 Bought a little more BABA at 84.89 last week.

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Hi everyone, I bought a little bit more BABA at just under 85 last week. The logic was that I don’t see many US companies that are selling for cheaper, and also because the recent BABA earnings report was positive. I like the stock especially when it’s trading under a 12 price to free cash flow ratio. It’s currently trading at a price/fcf ratio of just above 9.

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Published by bigfry

Hi, I’m Nathan. I majored in Finance and minored in Piano Performance at Boston University (graduated in 2020). Outside of trading/investing, I enjoy programming, teaching and playing piano, teaching and playing Go, fishing, and watching anime. I also started my own Boba company while at BU. I'm currently teaching Go full time, which has been the best job I could ever hope for. I'm also currently attending the App Academy bootcamp which started in January 2023.

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