A big company called Morgan Stanley found some really good stocks in Asia that can make a lot of money. One of them could go up by 28%. Read from source...
1. The title of the article is misleading and sensationalized. It implies that Morgan Stanley has identified some rare and exclusive "alpha" stocks in APAC that are guaranteed to outperform the market, but does not provide any evidence or criteria for what constitutes an "alpha" stock or how these stocks were selected. A more accurate and informative title would be something like:
1. Alibaba Group Holding (NYSE: BABA) - Buy with a target price of $240, representing a 28% upside potential from the current price of $187.59 as of October 19, 2021. The main reason for this recommendation is Alibaba's dominant position in the Chinese e-commerce market, with over 800 million annual active consumers and a gross merchandise volume of $746 billion in fiscal 2021. Additionally, Alibaba has been investing heavily in cloud computing, digital media, and entertainment, which are fast-growing sectors in the region. The main risks associated with this recommendation include regulatory uncertainties in China, rising operating costs, and increased competition from other e-commerce platforms such as Pinduoduo and JD.com.