Chinese American depositary receipts (ADRs) saw a big sell-off on Thursday after the SEC listed five companies from China that could be de-listed for failing to abide by U.S. accounting regulations. Alibaba (NYSE:BABA), which is not part of the list, saw its stock decline by close to 8%.
With the recent sell-off BABA stock remains down by 22% year-to-date and by close to 70% from its all-time seen in 2020. We believe the stock is considerably undervalued, with our $185 price estimate coming about 95% ahead of the current market price.
What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.
|S&P 500 Return||-3%||-11%||90%|
|Trefis MS Portfolio Return||-3%||-13%||243%|
 Month-to-date and year-to-date as of 3/11/2022
 Cumulative total returns since the end of 2016