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#1 Morning Stock Show To Get You Ready For The Stock Market Open, PreMarket Gainers, Earnings This Week, Economic Data & More!

Benzinga PreMarket Prep 8:00AM ET- 9:00AM ET BenzingaTV on YouTube.
Transcript
00:00 So over the years you've been on the show, you've given us some real diamonds in the
00:04 rough and one of those was stamps.com, right? It was one of the ugliest looking charts I'd
00:09 ever seen in my life and you talked about from your work and what you do and you were
00:14 bullish on it. Do you have anything just looks absolutely horrible that you're nibbling at in
00:21 this environment? There's two and might be a little bit more controversial and a little bit
00:29 more risky just given the China narrative. But Alibaba continues to be one that I just
00:39 I continue to buy into it as we go down. It's still a Goliath, not only in the US market but
00:49 obviously in the Chinese market. I can't see how this one doesn't eventually start to get some more
00:56 love. And then secondly, if you open any app store, you will notice an app named Timu. Timu
01:07 is the next version of Wish which failed. Yes, I hear that. They're aggressively spending but
01:13 they're owned by Pinduoduo, P-D-D. And they are going after the market hard.
01:22 I'll tell you one thing, Ryan. I ordered from Wish before. It took me over a month to receive
01:27 product. I've ordered from Timu and it was pretty quick. I've ordered some stuff already. And so
01:32 I'll just say it's a lot faster than Wish. Yeah. They say they're going to be opening up
01:40 the marketplace so that sellers like my clients can sell on the platform. If they pull that off,
01:47 they will not be Wish. They will be the next version of Alibaba. They will competitively
01:53 compete with Amazon. Granted, that's five, six, seven years away. But if they pull that off,
02:00 and they're definitely the best Chinese app we've seen yet trying to get our retail market,
02:06 they could be huge.

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