Three stocks equaling the worth of Alibaba stock are declared to be more than the BABA stock hype. These three stocks have attractive price point and more reward for shareholders.
Alibaba, has an attractive price point, which best signifies the China dominance in the stock market. Its $250 billion value seems to be just the starting indicator why BABA stock is what investors are anticipating for the coming initial public offering. Everyone is expectant to get a taste of BABA pie, but it seems that not all investors will get the chance during the opening of IPO later this year. Nonetheless, being troublesome is not the response to this low rate of BABA stock chance for there are other stock alternatives that proved they can give you underlying benefits in investing to their stocks. The BABA stock equivalents are from China as well, somehow leading China to its more global wealth.
China Mobile, trading with symbol “CHL”, is the first of top Alibaba stock alternatives. It is one of the biggest blue-chip companies in China. China Mobile has a high total market share (62%), which represents it as the largest telecom company worldwide. Alibaba and BABA stock is clearly subdued by China Mobile starting with the fact that China has 1.2 billion subscribers of wireless service. Despite the recent reports that China Mobile is encountering handset subsidies issue, which drives its worth near the bottom, China’s wireless providers are taking a step in improving profitability (reduction of handset subsidies on smartphones). Once this is pursued, China Mobile will rise up from base line and get higher stocks in return.
Vipshop Holdings, trading with symbol “VIPS”, will have its say in the list ofhighly anticipated stocks. The company is making online flash sales possible for Chinese citizens, which is the upcoming future of retail shopping. The first quarter financials of the company proved it successful in its venture. During the quarter, the growth is 126% ($701.9 million, greater than the estimated $658.9 million). In the coming quarter, approximated growth is to be seen again for the company. The next three months value is even the indicator of the company’s revenue rise (between $780 million and $790 million). Vipshop Holdings, though situated in China, had caused Wall Street firms (Goldman Sachs, Deutsche Bank, and Brean Capital) raise their shares’ ratings in the company. The step taken by the firms is risky as defined, yet the six-month fast growth of Vipshop Holdings naturally drove the companies to undergo share upgrades.
Tencent Holdings, trading with symbol “TCEHY”, is the last of substitutes for Alibaba stocks. The company includes popular messaging platforms (WeChat and QQ) in its full range of online and mobile software deliverables. The surge of its first quarter revenue by 300% from its previous quarter signified the company’s great ability in monetizing mobile apps. For the past year, TCEHY had a growth of over 88%. The continued growth of Tencent will be followed by its WeChat front developments. The new service is represented by an online advertising platform in the messaging app. The shares will rise beyond Alibaba’s value provided that the new service will be a match for account holders’ high expectation.