As the Kremlin intensifies its disinformation campaign on media companies, the EU bans 'Russia Today' and 'Sputnik' with immediate effect, while pressure builds on tech giants to do more in Russia and the U.S. Images: Reuters/AFP/Getty Images Composite: Mark Kelly Read More...
Barrons.com
Why Alibaba Is the ‘Cheapest Company in the World’ Outside Russia
Alibaba Group Holding is probably “the cheapest company in the world” outside of Russia as investors put a high China risk premium on the e-commerce giant, according to Daniel O’Keefe, a managing director and portfolio manager at Artisan Partners. Speaking at a roundtable group discussion Tuesday with other value-oriented portfolio managers, O’Keefe said that Alibaba (ticker: BABA) is “one of the cheapest stocks I’ve ever seen, especially for a business of that quality with that financial strength.” The discussion, called Invaluable Insights, was sponsored by Ariel Investments and included John Rogers of Ariel, Bill Miller of Miller Value Partners, David Herro of Oakmark Funds, and Barron’s Roundtable member Mario Gabelli.
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