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MKM Partners Reiterates Positvie Stance on Alibaba Group Holding Ltd (BABA) Ahead of Earnings

Analyst Rob Sanderson of MKM Partners gave his take on Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE:BABA) ahead of its fiscal first-quarter earnings next Thursday, August 11. Sanderson is expecting to see a solid report that shows user growth and increases in monetization.

The analyst will keep an eye on the profitability of Alibaba’s core business and its investment business. This should be easier to judge as Alibaba is separating revenues from Media & Entertainment from Marketplaces. He also warns that currency valuations will remove 2% of his USD revenue estimates. Overall, he thinks Alibaba is “the premium asset in the fastest growing eCommerce economy, with...


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