Alibaba Earnings Review: 20% Undervalued!

Alibaba posted satisfactory earnings, though, it got sold off. This is indeed unsurprising given that the new trend in the market is selling off stocks upon actually satisfactory performances.

Alibaba is still a buy.

Alibaba earnings are better than expected.

EPS was down because of the mark-to-market investment losses.

Yet, the stock got sold off, unsurprisingly.

This is not an unusual event now. The market sold off stocks like SOFI 0.00%↑ and PYPL 0.00%↑ on way better performances.

In my previous post, I had described the problem: The market is way ahead of itself.

W…