Alibaba’s Earnings Surge: Strong Growth, AI Potential, and Undervalued Upside

Alibaba Group Holding Limited recently delivered earnings that surpassed expectations, sending its stock soaring. With this rally, Alibaba is no longer the deeply undervalued, overlooked stock it was in past years. At the time of writing, shares trade at $138.50a massive 67% jump from the $83 level at the end of January. This YTD performance is remarkable, with the stock up 69.5%, significantly outpacing both its Chinese peers and the broader market. In comparison, JD has climbed 22.3%,…