Summary
- The high-tech sector has become much cheaper after the 2022 correction.
- Two companies operating in the same sector are popular picks among investors.
- One of these stocks is China’s giant, Alibaba Group Holding Limited, whilst the second one is a U.S. corporation, Amazon.com, Inc., although both of the companies can be called international.
- One of these companies offers better value for money than the other one.
- In this article I will explain why one of these companies is a value pick, whilst the other one is not.
Amazon.com, Inc. (NASDAQ:AMZN) was one of the few companies to survive the dot-com bubble and flourish, making some of its investors truly rich. Alibaba Group Holding Limited (NYSE:BABA), popularly known as the Amazon of China, is also one of the leading high-tech stocks on the Chinese market. Both of the stocks got substantially cheaper last year. But, in my view, BABA is much better value for money than its American peer. Let me explain why.
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