Chinese multinational conglomerate operating e-commerce, cloud computing, and digital payments platforms.Yahoo Finance ↗alibaba.com ↗
2 takes · first discussed Jan 18, 2025
Every call, plotted at the price the day they made it.
Friedberg is bullish on Chinese tech stocks including Alibaba, anticipating a grand US-China deal in the first six months of the Trump administration that would ease tariffs and unlock economic value as China negotiates from a position of economic weakness.
Mark Pincus has been actively buying Alibaba and other Chinese names, betting on a US-China rapprochement under Trump.
Both Friedberg and guest Mark Pincus hold medium-conviction bullish positions on Alibaba as of January 18, 2025, with Pincus disclosing he has been actively buying shares. Their shared thesis centers on the expectation of a US-China rapprochement under the Trump administration, with Friedberg specifically predicting a "grand deal" within the first six months that would ease tariffs and unlock value in Chinese tech stocks. Friedberg adds that China's position of relative economic weakness makes it motivated to negotiate, which he sees as a tailwind for names like Alibaba. No disagreement between the hosts is evident in the supplied material.
Friedberg is bullish on Chinese tech stocks including Alibaba, anticipating a grand US-China deal in the first six months of the Trump administration that would ease tariffs and unlock economic value as China negotiates from a position of economic weakness.
I think they want to get a deal done and keep TikTok active in the U.S... this kind of also leads to what I think will be the grand deal with China, which I think will happen in the first 6 months of the Trump administration.”1:17:37