So I started investing and managing my money not to long ago. I googled the question "Is market cap the value of a company?" and I read many answers.
So market cap (shares * share price) is the stock market value for that company.
I understand that, but I want more opinions on this issue.
How can a company like Alibaba (mCap = 400B) already be worth 85% of what the "BIG" Amazon is worth (mCap = 470B)?
Is BABA that great? Because amazon is clearly not undervalued.
Maybe It's a stupid question but I really wanted to hear some opinions on this. Thank you guys.
Submitted August 16, 2017 at 03:42PM by InvestingTeen http://ift.tt/2wQSiOt
