Optionspuppy
2023-01-18

$Alibaba(BABA)$is not a meme stock as it has positive earnings amd is a worldwide company those meme stocks have negative earnings and are not used in world wide like gamestop

It has a positive earnings of $3.62 

And also net cash of $20 per share 

So it's actually a stock with constant earnings and also with healthy cash do not say its a meme stock 

It's has rise from the Low of 60 and will never look back 

Will Alibaba Become a Meme Stock?
[Key Points] Alibaba rose 49% since last November. The news on Ant Group - an affiliate of Alibaba- boosted Alibaba shares as Ant was approved to increase 10.5 billion capital. Cohen - the well-known meme stock leader - bought Alibaba and put forward cutsomized suggestion for Alibaba. [Topic] What's your target price for BABA's rally? Do you think Alibaba get out of the woods? Will Alibaba repeat GME and BBBY's feats?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • DIMCO
    2023-01-19
    DIMCO
    BABA Upsizes Shr Repurchase Program by Another US$15B, Extends It to End of FY2025.
  • historyiong
    2023-01-19
    historyiong
    Let's face it: BABA should have never traded anywhere close to $100, let alone go below $100.
  • extractoi
    2023-01-19
    extractoi
    Many people from western countries with high inflation turned to Alibaba’s commercial online shopping sites like AliExpress to shop.
  • lesing
    2023-01-18
    lesing
    H
  • lesing
    2023-01-18
    lesing
    H
  • puipuimaya
    2023-01-18
    puipuimaya
    ok
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