Related Symbol
avatar
@starcahier 1 month ago

Two potential value plays in Alibaba and Intuitive Machines

Two potential value plays in Alibaba and Intuitive Machines

Article makes a case for buying Alibaba and Intuitive Machines despite broader market risks. Alibaba is still trading 50% below its 2020 highs due to Chinese regulations and weak consumer spending. However, they are expanding overseas through platforms like Lazada and AliExpress to offset slower domestic growth. The cloud business is also seeing demand from AI. It's trading at 18x next year's earnings. Intuitive Machines has sent two landers to the moon (Feb 2024 and March 2025) with a third mission planned for later this year. They are diversifying into space defense systems to rely less on NASA contracts. Analysts expect revenue to grow 5x by 2027, but reliability is a concern since their previous landers tipped over during landing.
post thumbnail
no comments yet

There are no comments here, be the first to comment