Stockchase Research Editor: Michael O'Reilly BABA is China's equivalent to AMZN. Its value came under pressure with President Trump took direct aim at such non-US based company after the signing of the Holding Foreign Companies Accountable Act. However, if you believe a change in US Administration may leave room for a softening of tension, then this is a very good entry point. EPS was recently reported up 67%, exceeding the 5 year average EPS growth of 42%. Sales are growing over 30% annually. We would buy this with a stop-loss at $190, looking to achieve $340 -- over 44% upside potential. Yield 0% (Analysts’ price target is $338.82)
Stockchase Research Editor: Michael O'Reilly BABA is China's equivalent to AMZN. Its value came under pressure with President Trump took direct aim at such non-US based company after the signing of the Holding Foreign Companies Accountable Act. However, if you believe a change in US Administration may leave room for a softening of tension, then this is a very good entry point. EPS was recently reported up 67%, exceeding the 5 year average EPS growth of 42%. Sales are growing over 30% annually. We would buy this with a stop-loss at $190, looking to achieve $340 -- over 44% upside potential. Yield 0% (Analysts’ price target is $338.82)
Alibaba Group Holding is a American stock, trading under the symbol BABA-N on the New York Stock Exchange (BABA). It is usually referred to as NYSE:BABA or BABA-N
In the last year, 31 stock analysts published opinions about BABA-N. 23 analysts recommended to BUY the stock. 6 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Alibaba Group Holding.
Alibaba Group Holding was recommended as a Top Pick by Jim Cramer - Mad Money on 2021-02-26. Read the latest stock experts ratings for Alibaba Group Holding.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
31 stock analysts on Stockchase covered Alibaba Group Holding In the last year. It is a trending stock that is worth watching.
On 2021-03-03, Alibaba Group Holding (BABA-N) stock closed at a price of $234.42.