Ron Westfall and Olivier Blanchard look through Alibaba (BABA) earnings, which missed estimates, and discuss the Chinese tech sector. Ron thinks the company is going through a “strategic pivot” and says the stock is becoming “increasingly attractive.” Their cloud intelligence division is “really delivering” and AI is booming; he notes its prebuilt customer base allows for fast adoption. Olivier agrees, adding that investors should remember these companies are in transition from e-commerce to AI and they are still “struggling to decouple” from their original revenue streams. He compares several Chinese tech companies and advises patience.
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