Keep on Buying Alibaba Stock, Says Analyst Following Investor Meeting

yahoo2021-03-23

After holding investor meetings with some of Alibaba’s (BABA) top brass, Truist analystYoussef Squalilays out the simple reason why investors should consider owning shares. “BABA maintains one of the ...

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Comments

TheCrazyOne
2021-03-27
TheCrazyOne
Buy when people are so pessimetic over it..any +ve news and you will see price will rise
mistyzenz
2021-03-25
mistyzenz
stock to hold for long time and long wait for dip in good times
KageL
2021-03-23
KageL
Buy [開心]
同是天涯沦落人
2021-03-23
同是天涯沦落人
Good news for me, hopefully more good news coming.
Barbarazhao
2021-03-23
Barbarazhao
Currently, Alibaba’s price is reasonable. If you have confidence in BABA, it is time to invest
trojan1337
2021-03-23
trojan1337
Ok
- trojan1337:
  buy!

Leave a comment

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Since then, the Chinese economy has shown itself to be in rude health.\nAccording to the Chinese National Bureau of Statistics (NBS), retail sales in Jan-Feb were up by 33.8% year-over-year, although the uptick might be misleading as the pandemic was its peak in China during the same period in 2020. In comparison to the same period in 2019, growth increased by 3.2%. Specifically, in the e-commerce segment, there was growth of 32.5% vs. 2020 and 13.3% compared to 2019 - the latter figure in-line with the 13.4% growth exhibited in the December quarter.\n“For BABA in particular,” the 5-star analyst noted, “Our recent conversations with the company indicate that they've seen similar trends, and that demand remained robust so far in the quarter.”\nAlibaba has also been investing in its Core Commerce businesses – including in Taobao Deals, Taobao Live, New Retail, Taobao Grocery and Community Group Buying (CGB). 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This figure implies a 39% over the next 12 months.\nThe rest of the Street also believes Alibaba is poised to execute; barring 1 Hold, all 18 other recent reviews say Buy. The stock, therefore, boasts a Strong Buy consensus rating, accompanied by a $325.63 average price target. Investors are looking at upside of ~37%, should the figure be met in the year ahead.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":356578239,"gmtCreate":1616802600221,"gmtModify":1704799160446,"author":{"id":"3554885086267037","authorId":"3554885086267037","name":"TheCrazyOne","avatar":"https://community-static.tradeup.com/news/65f76864045dcdc9a0af31f5afe47e28","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3554885086267037","authorIdStr":"3554885086267037"},"htmlText":"Buy when people are so pessimetic over it..any +ve news and you will see price will rise&nbsp;","listText":"Buy when people are so pessimetic over it..any +ve news and you will see price will rise&nbsp;","text":"Buy when people are so pessimetic over it..any +ve news and you will see price will rise","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/356578239","repostId":1170143533,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":351725775,"gmtCreate":1616635247097,"gmtModify":1704796688739,"author":{"id":"3561962801944040","authorId":"3561962801944040","name":"mistyzenz","avatar":"https://static.tigerbbs.com/b6ce5e71746857498b3364479f136e14","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":4,"crmLevelSwitch":0,"idStr":"3561962801944040","authorIdStr":"3561962801944040"},"htmlText":"stock to hold for long time and long wait for dip in good times","listText":"stock to hold for long time and long wait for dip in good times","text":"stock to hold for long time and long wait for dip in good times","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/351725775","repostId":1170143533,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":353897218,"gmtCreate":1616477933834,"gmtModify":1704794603545,"author":{"id":"3577968507475807","authorId":"3577968507475807","name":"KageL","avatar":"https://static.tigerbbs.com/b278e1c57ec07aba0c83745974e3c2a4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577968507475807","authorIdStr":"3577968507475807"},"htmlText":"Buy&nbsp;[開心]&nbsp;","listText":"Buy&nbsp;[開心]&nbsp;","text":"Buy [開心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353897218","repostId":1170143533,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":353899424,"gmtCreate":1616476719668,"gmtModify":1704794592722,"author":{"id":"3554323022733956","authorId":"3554323022733956","name":"同是天涯沦落人","avatar":"https://static.tigerbbs.com/218c98f99603705b961006c26525b95e","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3554323022733956","authorIdStr":"3554323022733956"},"htmlText":"Good news for me, hopefully more good news coming.&nbsp;","listText":"Good news for me, hopefully more good news coming.&nbsp;","text":"Good news for me, hopefully more good news coming.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353899424","repostId":1170143533,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":353899664,"gmtCreate":1616476709958,"gmtModify":1704794592076,"author":{"id":"3576888762442253","authorId":"3576888762442253","name":"Barbarazhao","avatar":"https://static.tigerbbs.com/40f6fdeabe0e8cac300f1fd2a17eb3ac","vip":1,"crmLevel":8,"crmLevelSwitch":1,"idStr":"3576888762442253","authorIdStr":"3576888762442253"},"htmlText":"Currently, Alibaba’s price is reasonable. If you have confidence in BABA, it is time to invest","listText":"Currently, Alibaba’s price is reasonable. If you have confidence in BABA, it is time to invest","text":"Currently, Alibaba’s price is reasonable. If you have confidence in BABA, it is time to invest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353899664","repostId":1170143533,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":353142026,"gmtCreate":1616474109665,"gmtModify":1704794557755,"author":{"id":"3574916293171379","authorId":"3574916293171379","name":"trojan1337","avatar":"https://static.tigerbbs.com/943a776c7741ee5cc4d67b3592fbb000","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":6,"crmLevelSwitch":1,"idStr":"3574916293171379","authorIdStr":"3574916293171379"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/353142026","repostId":1170143533,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3860123,"gmtCreate":1616474130855,"gmtModify":1680781375598,"authorId":3574916293171379,"author":{"id":3574916293171379,"idStr":"3574916293171379","authorId":3574916293171379,"name":"trojan1337","avatar":"https://static.tigerbbs.com/943a776c7741ee5cc4d67b3592fbb000","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"80.26%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353142026,"type":1,"supId":0,"prevId":0,"content":"buy!","text":"buy!","html":"buy!"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":53,"commentSize":22,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1170143533"}