Alibaba’s stock is ‘still very cheap,’ but Bernstein now wonders if it’s a value trap By: MarketWatch June 27, 2023 at 07:28 AM EDT Alibaba Group Holding Ltd. shares might be a "value trap," according to an analyst who just downgraded them. Read More >> Related Stocks: Alibaba Group Holding Ltd PDD Holdings Inc. - American Depositary Shares