With Alibaba Group Holding Ltd (NYSE:BABA)’s Q3 earnings to be released this month, investors are nervous. Q3 earnings will be arguably the most important quarter for the company following: changes required by the Chinese government in content sharing, contributions to China’s common prosperity fund and the company divesting itself.
Q3 2021 hedge fund letters, conferences and more
Stock Trading Coach On Buying Alibaba Stock
“We like to buy strong companies when everyone is fearful. Regardless of the country of origin. Alibaba, Tencent Holdings Ltd (HKG:0700) (OTCMKTS:TCEHY) and Baidu Inc (NASDAQ:BIDU) are all extremely undervalued tight now,” says millionaire investor and stock market trading coach Tay Sweat, Founder of Secure The Bag, whose 6,000+ mentees have reached 5-7 figures, following his advice. “For example, look at Alibaba’s balance sheet: about $1.3 trillion in total assets (that’s 5x the amount of Apple)!”
About Tay Sweat:
Tay Sweat - 8-figure business owner, Investor, Business Inventor, Author, millionaire and stock market trailblazer - was never supposed to be rich. In fact, the 32-year-old from East Nashville, Tennessee was arguably set up to fail in life. Growing up with a single mom on welfare, Sweat got his first job at a Grocery Fulfillment Center. But after losing that job, his home and his car - he knew something had to change.
That’s when Sweat, a regular guy with no background in finance, started tirelessly studying the stock market. He invested in a coach, read 1 book a week and saved 100% of his income until he could invest, starting with penny stocks. Today, a fantastic Monday afternoon for Sweat could mean $250,000 in a single day of stock profits, which prompted 1.5+ million followers on Social Media -- many wondering, how does Sweat do it? Sweat, recently featured in Black Press of America, Forbes etc. has proven that you do not need to grow up with money to have money, (or, a private island and jet). From plumbers to morticians, doctors and athletes, Sweat has mentored 6,000+ people in black and brown communities across the country. Since launching his business, Secure The Bag in 2020, his mentees have not only reached financial freedom, most are 5-7 figure earners despite their background or education).
Unapologetic and raw in his unique self-made teaching approach, Sweat combines timeless principles with a forward-thinking approach to help his clients shatter glass ceilings, often constructed by institutional racism and classism. Sweat has dedicated his life to using his skills and wealth of knowledge to improve people’s lives and help build stronger communities that can prosper for generations.
