
NYSE:BABA
Performed nicely YTD. Long-term, great to own, despite the volatility. Right up there with Amazon, in terms of sales. Would allocate to it here, but not a great amount. Move away from cyclicals into defensives.
It's been beaten up badly, but after the G20 summit, he expects it to bounce back. It's the Amazon of China and this is one way to play China. (Analysts’ price target is $281.88)
It is very similar to Amazon -- a leader in global internet commerce. You are paying for a sustainable growth at a reasonable price. It has had some negative revisions, but this is clearing the deck for going forward.
It is a high growth, high expectation, high multiple stock. She would move to another stock: V-N. Buy it on a pullback. (Analysts’ price target is $219.00)