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Charlie munger alibaba average price

WebApr 12, 2024 · That is a major cutback compared with an average 2 per cent reduction during the final three months of 2024. The price target for Alibaba Group, owner of this newspaper, was slashed by 19 per cent ... WebOct 5, 2024 · The guru boosted his position in Alibaba Group Holding Ltd. (. BABA, Financial) by 82.71% during the quarter, buying 136,740 shares. The trade had an …

What If Charlie Munger Is Right About Alibaba Stock?

WebNov 10, 2024 · Munger boosted its long position in Alibaba by over 80% during Q3 of 2024, to over 302,000 shares. The value investor's decision is exciting given Alibaba's dismal performance in 2024, the report ... microwaves at the bay https://oversoul7.org

What Charlie Munger Sees in Alibaba to Make Him Buy More - InvestorPlace

WebDec 21, 2024 · BABA reached a high of $319.32 per share on Oct. 27, 2024, then turned lower and made lower highs and lower lows, reaching $138.43 on Oct. 4, 2024. The chart highlights the decline which reached ... WebJan 17, 2024 · (-1.27%) -$1.31 Current Price Is 2024 the year Alibaba comes to life? In this video, I will be talking about Alibaba ( BABA -1.27%) and whether or not it's worth the … WebCharlie Munger's Daily Journal doubled its Alibaba stake in the final quarter of 2024. ... Munger grew the holding by about 260% in six months, when Alibaba's stock price almost halved. microwaves at home depot and prices

Charlie Munger’s Daily Journal Nearly Doubles Alibaba …

Category:Charlie Munger on AI, Alibaba, - GuruFocus.com

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Charlie munger alibaba average price

Charlie Munger’s Daily Journal Portfolio: Top 3 Stock Picks

WebJan 5, 2024 · Charlie Munger, the longtime pal of Berkshire Hathaway's Warren Buffett, is apparently a very big fan of Alibaba... even though the 98-year-old has recently praised the Communist government of ... WebNov 21, 2024 · Even though Alibaba paid most of the $2.8 billion fine in the last fiscal year, the company's profits still haven't normalized to this day. During the quarter, Alibaba's EPS was $1.74 per share ...

Charlie munger alibaba average price

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WebApr 9, 2024 · The company that the Daily Journal acquired shares of was Alibaba Group (NYSE:BABA). At the end of March, the holding company reportedly owned 165,320 … WebJul 27, 2024 · Alibaba is our favorite investment globally, and it appears to be Charlie Munger's as well. Check out why BABA stock is a Strong Buy. ... Our 2032 price target for Alibaba is $617 per share ...

WebApr 12, 2024 · Munger is Daily Journal’s chairman and oversees its investment portfolio, in addition to his role as a vice-chairman at Berkshire Hathaway. The publisher first … Web2 days ago · The potential oversight of AI/chat bots weighed on Sense Time, which fell -4.24%, and Alibaba, which closed lower by -3.27%. JD.com was off -3.53% on reorganizing their retail business.

WebJan 11, 2024 · Charlie Munger is doubling down on his BABA bet. BABA stock is very cheap on a historical basis, so copying Munger might not be a bad thing. ... It even had a trough price of $112.09 on Dec. 29 ... WebJan 24, 2024 · Charlie Munger doubled his stake in Alibaba in 2024 Q3 & again in Q4. ... it’s estimated that world retail e-commerce sales will exceed $7.3 trillion with an average CAGR growth rate in the ...

WebJan 18, 2024 · According to the 13F filings from the fourth quarter of 2024, Munger added 300,000 Alibaba Group Holding Limited (NYSE:BABA) shares to his previous position, and now holds a total of 602,060 ...

WebJan 5, 2024 · According to a Tuesday filing with the Securities and Exchange Commission, Daily Journal owned 602,060 shares of Alibaba as of the end of 2024, a stake worth … microwave saucepan and lidWeb1 day ago · BABA Stock Key Metrics. Alibaba Group Holding Limited ( NYSE: BABA) is quoted on the New York stock exchange stock exchange as an ADR. Each ADR … new smart cars 2022WebApr 12, 2024 · Alibaba trade timeline . Munger first purchased 300,000 shares of Alibaba in the first quarter of 2024, during which shares traded for an average price of $245 apiece. In classic Munger style, this first purchase was made on volatility as the share price had dropped by between 20% to 30% from the highs of $309 per share in October 2024. microwaves at wilkoWebMar 1, 2024 · The growth rate for the same quarter in 2024 was 37%. Couple that with the unpredictability of the CCP, and Alibaba’s future is uncertain at best. Yes, you can make money in Alibaba if you are a short-term trader looking for a short-term bounce in the stock. But I believe Munger’s long-term investment in Alibaba is a mistake. microwaves at the home depotWebApr 15, 2024 · Legendary investor Charlie Munger cut 50% of his Alibaba holding after doubling his stake not so long ago. ... The average price target for the next 12 months is … microwaves at wayfairWebJan 7, 2024 · Charlie Munger doubled his stake in bruised e-Commerce enterprise Alibaba in the fourth quarter. Shares of Alibaba ended the year 50% down. ... The reported price for DJCO's Alibaba stake is $118. ... new smart car engineWebOct 5, 2024 · Charlie Munger Plunges Deeper Into Alibaba Guru releases 3rd-quarter portfolio Sydnee Gatewood Follow Oct 05, 2024 ... its shares were trading around $143.14 on Tuesday with a price-earnings ratio of 17.48, a price-book ratio of 2.56 and a price-sales ratio of 3.37. ... The return on invested capital also eclipses the weighted average … microwave saucepan with lid and handle