JB Global Capital Highlights Alibaba (BABA)’s AI and Cloud Growth at 18x Earnings

6 days ago 4

Attiya Zainib

Mon, January 12, 2026 astatine 8:43 AM CST 4 min read

JB Global Capital, an concern firm, released its fourth-quarter 2025 capitalist letter. A transcript of the missive tin beryllium downloaded here. During Q4 2025, JB Global Capital reported an 8.9% decline, mostly driven by a crisp driblet successful Alibaba, its largest holding, portion planetary markets posted humble gains. Despite the quarter’s setback, the money delivered a beardown full-year instrumentality of 67.5% and stands astatine 108.9% since inception, outperforming large benchmarks. The missive explains that 2025 marketplace gains were heavy concentrated successful a tiny radical of mega-cap tech companies, which the money mostly avoids owed to valuation discipline. However, the managers stay focused connected fundamentals and judge this attack volition payment semipermanent show arsenic marketplace enactment shifts. Additionally, delight cheque the fund’s apical 5 holdings to cognize its champion picks successful 2025.

In its fourth-quarter 2025 capitalist letter, JB Global Capital highlighted stocks specified arsenic Alibaba Group Holding (NYSE:BABA). Alibaba Group Holding (NYSE:BABA) is simply a Chinese multinational exertion institution with a beardown beingness successful e-commerce and unreality computing. Alibaba Group Holding's (NYSE:BABA) unreality gross grew 34% year-over-year, and its AI-related products recorded 9 consecutive quarters of triple-digit gross growth. At the extremity of Q4 2025, Alibaba Group Holding (NYSE:BABA) traded astatine astir $146 per share, with $41 cardinal successful nett currency and generating astir $35 cardinal successful quarterly gross from its halfway businesses. The money reduced its vulnerability by astir 10% astatine $172 per stock aft an 85% run-up successful price. Alibaba Group Holding's (NYSE:BABA) valuation stands astatine 18x trailing earnings, providing a equilibrium of maturation imaginable done AI and unreality portion being protected by established businesses. The one-month instrumentality of Alibaba Group Holding Ltd. (NYSE:BABA) was astir -3.57%, and its shares gained astir 86.43% of their worth implicit the past 52 weeks. On January 9, 2026, Alibaba Group Holding Limited (NYSE:BABA) banal closed astatine astir $150.96 per share, with a marketplace capitalization of astir $358.95 billion.

JB Global Capital stated the pursuing regarding Alibaba Group Holding (NYSE:BABA) successful its 4th fourth 2025 capitalist letter:

"We made the determination to alteration our vulnerability to Alibaba Group Holding (NYSE:BABA) banal aft a astir 85% run-up successful price. We trimmed the presumption by astir 10% astatine $172 per share, a level astatine which we felt comfy reallocating profits into different opportunities. Our determination relates much to the changing risk/reward illustration than a nonaccomplishment of condemnation successful concern value.