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Amongst the market crash, how to treat Alibaba? Should we see it as a purely Chinese stock and don't touch it with a ten feet pole? I am reluctant to take that view because its growth is real and the forward P/E is ~20. Cramer, on the other hand, is advocating dumping all Chinese stocks asap.
A guy at work gave me a 'hot' stock tip to buy Alibaba back before their IPO. I only own one individual company outside of funds, and mostly just to do it. I'm glad I didn't make Alibaba the second.
I guess my question to you is why you won't take Cramer's advise ?
He's far more qualified then people on this forum.
Have you checked out his background ?
I guess my question to you is why you won't take Cramer's advise ?
He's far more qualified then people on this forum.
Have you checked out his background ?
I assume you are serious? If so then I am going to tell you that id rather give away my poor investment money to some much need charity then the stock market, the latter case almost certain to happen if you listen to Cramer.
Cramer's bottom line is to perpetuate his TV show, not to make you any money.
I guess my question to you is why you won't take Cramer's advise ?
He's far more qualified then people on this forum.
Have you checked out his background ?
His wife is a better money manager than he ever was
Just be glad you didn't buy into Cyberark. (an Israeli based security company). Even after all these "professionals" were making all sorts of BS claims.....
Just be glad you didn't buy into Cyberark. (an Israeli based security company). Even after all these "professionals" were making all sorts of BS claims.....
Shares were down as much as 40%.....
P/E of Cyberark is 101.29. Cyberark stock shouldnt have been anything more than waste of time [5 seconds of research].
Just be glad you didn't buy into Cyberark. (an Israeli based security company). Even after all these "professionals" were making all sorts of BS claims.....
Shares were down as much as 40%.....
What's with you having to attack anything remotely Israeli and has nothing to do with this thread??
Quote:
CyberArk also has a Zacks Rank #1 (Strong Buy) which puts it into rare company among its peers. So, given all of these factors, investors may want to consider getting in on this stock now (or holding on), as there are some favorable trends that could bubble up for this stock before long.
It's hard to say. China's GDP is set to grow 7% this year, so the underlying economy is fine. The problem is that stock market performance is not correlated to GDP performance. Besides, if one variable in particular turns around dramatically, it could result in a recession of global proportions until the situation resolves itself. I'm not sure how the markets will react, but I imagine people will sell. It's just hard to determine what they will buy.
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If so then I am going to tell you that id rather give away my poor investment money to some much need charity then the stock market, the latter case almost certain to happen if you listen to Cramer.
