Bought BABA, BIDU, HABT

This week I bought Alibaba, Baidu, and Habit Burger. They (along with others) have been on my radar for awhile as they got cheaper and cheaper. Finally I couldn’t resist taking an initial position in each. BIDU and HABT I have owned before, whereas this is the first time I have owned BABA.  What made these three attractive to me now among all the stocks on my watchlist is that all of them were down around 50% from their highs, I am very confident that each will grow for years (if not decades), and all three have strong balance sheets. Each is around a 2% position, and I would average down on any of them if they were to fall around 15-20% from my entry point. With these moves I am around 15% cash.