Revenge of the blue chips: Shares of legacy stocks are beating their disruptors this year
Legacy companies are having the last laugh against their disruptor counterparts in 2021. Yet, Wall Street expects the innovation stocks will retake the lead again eventually.After getting trounced in recent years, incumbent stocks like Ford,Disney and Goldman Sachs are beating their competitors Tesla,Netflix and PayPal, respectively, this year. Big-box retailer Walmart is even neck and neck with e-commerce juggernautAmazonin 2021.Shares of Ford are up nearly 82% this year, while Tesla’s stock ha
Alibaba is a battleground stock where some see a lot of opportunities, while others see many risks.I believe that there are both opportunities and risks, but would see the prior outweighing the latter.In the long run, BABA has a chance of delivering strong gains for those that buy at the current, quite low, valuation.Since its IPO, Alibaba has seen strong share price gains, but it should also be mentioned that shares did peek in H2 2020, and have declined considerably since then:. Alibaba Group'