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Alibaba's stock is arguably a buy for risk-tolerant growth investors. This might help: As it stands right now, analysts' consensus price target is more than 40% above the stock's present price.
August 21, 2024 at 6:27 PM. On the back of bad news for one of its rivals, Chinese e-commerce company Alibaba Group Holding (NYSE: BABA) saw a bit of a bull run in its stock. The company's ...
The Chinese stocks got a boost earlier this week from reports indicating People's Bank of China's (PBOC) plans to cut the bank reserve requirement ratio (RRR) by 50 bps, followed by another half ...
The largest stake in Alibaba Group Holding Limited (NYSE:BABA) was held by Fisher Asset Management, which reported holding $3245.6 million worth of stock at the end of December. It was followed by ...
Alibaba Group Holding Ltd (NYSE:BABA) stock was down Monday as China’s lackluster economic data led to a sell-off, SCMP reports. The economy also bears the brunt of the U.S. advanced ...
Alibaba Group Holding Limited is trading with a trailing P/E of 41.7x, which is higher than the industry average of 26.7x.While BABA might seem like a stock to avoid or sell if you own it, it is ...