Nasdaq BABA Alibaba

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Amongst the largest losers throughout the recent market selloff, ecommerce stocks have been hit particularly badly. Shipping delays, labor shortages, and cooling investor sentiment following a decent holiday season have contributed to tighter company valuations. Even with the latest bearish price action, Alibaba Group (BABA) is no stranger to selloffs.  

The Chinese-based ecommerce giant has been plagued by controversy over the last five quarters. Ant Group’s IPO-initial public offering was cancelled by Chinese regulators; its founder happens to be same man heading Alibaba, Jack Ma. From then on, the CEO has been embroiled in a rivalry with his country’s government, and that's potentially what prompted Chinese regulators to target the company for anti-trust violations.  

As these incidents unfolded, BABA’s stock price dropped. Now, many analysts remain bullish on its underlying fundamentals, and appreciate the discounted and attractive price.  

The difficulty is knowing just how far a stock may fall. Typically, one is not aware until it is too late, after earnings are reported. The retail and technology firm is expected to report its quarterly results this week, on February 2.  

For long-term BABA investors, the situation may seem bleak. Shares are down over 56% over the last year, and it is unclear yet if they have found their bottom. However, there is hope. Using TipRanks' new tool, we can try and predict upcoming earnings based on user visits to Baba's websites.

Considering Alibaba’s ecommerce segment is heavily website-centric, its traffic can be used as an indicator of current consumer trends. In this regard, the company is standing strong. In the current unreported period, total estimated visits are up 23.41%, a tremendously bullish metric. More modestly, total estimated visits are down 6.93% from the same quarter last year.  

The previous quarter encompassed the high-volume holiday shopping season, which has surely boosted Alibaba’s numbers. It is possible to infer that the high number of user visits translates into stronger earnings, something for which BABA investors are starved.  

The upside for Alibaba is that its ecommerce segment is just one of its many endeavors. The company is also involved with cloud-computing and payment systems, and oversees a large grouping of subsidiaries. The firm is well-diversified against macro fluctuations in ecommerce, which is probably why financial analysts are so optimistic about it.  

On TipRanks, BABA has an analyst rating consensus of Strong Buy, based on 20 Buy and 3 Hold ratings. The average Alibaba price target is $190.46, representing a potential 12-month upside of 65.29%. Before market open on Monday, shares were priced at $115.23 a piece, rather close to the stock’s 52-week low.  

To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.  

Read full Disclaimer & Disclosure. 

Amongst the largest losers throughout the recent market selloff, ecommerce stocks have been hit particularly bad. Shipping delays, labor shortages, and cooling investor sentiment following a decent holiday season have contributed to tighter company valuations. Even with the latest bearish price action, Alibaba Group (BABA) is no stranger to selloffs.  

The Chinese-based ecommerce giant has been plagued with controversy over the last five quarters. Ant Group’s IPO-initial public offering was cancelled by Chinese regulators, the founder of which happens to be same man heading Alibaba, Jack Ma. From then on, the CEO had been embroiled in a rivalry with his country’s government, potentially what prompted Chinese regulators to target the company for anti-trust violations.  

As these incidents unfolded, BABA’s stock price dropped. Now, many analysts remain bullish on its underlying fundamentals, and appreciate the discounted and attractive price.  

The difficulty is knowing just how far a stock may fall. Typically, one is not aware until it is too late, after earnings are reported. The retail and technology firm is expected to report its quarterly results this week, on February 2.  

For long-term BABA investors, the situation may seem bleak. Shares are down over 56% over the last year, and it is unclear yet if they have found their bottom. However, there is hope. Using TipRanks' new tool, we can try and predict upcoming earnings based on user visits to Baba's websites.

Considering Alibaba’s ecommerce segment is heavily website-centric, its traffic can be used as an indicator of current consumer trends. In this regard, the company is standing strong. Of the current unreported period, total estimated visits are up 23.41%, a tremendously bullish metric. More modestly, total estimated visits are down 6.93% from the same quarter last year.  

The previous quarter encompassed the high-volume holiday shopping season, which has surely boosted Alibaba’s numbers. It is possible to infer that the high number of user visits translates into stronger earnings, something for which BABA investors are starved.  

The upside for Alibaba is that its ecommerce segment is just one of its many endeavors. The company is also involved with cloud-computing, payment systems, and oversees a large grouping of subsidiaries. The firm is well-diversified against macro fluctuations in ecommerce, which is probably why financial analysts are so optimistic on it.  

On TipRanks, BABA has an analyst rating consensus of Strong Buy, based on 20 Buy and 3 Hold ratings. The average Alibaba price target is $190.46, representing a potential 12-month upside of 65.29%. Before market open on Monday, shares were priced at $115.23 a piece, rather close to the stock’s 52-week low.  

To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.  

Read full Disclaimer & Disclosure. 

If you have $10,000 to invest and are willing to take on some risk, now may be an opportune time to invest in some beaten-down stocks. In the short term, it can be scary to buy stocks that are falling and are at multi-year lows. But if the businesses are sound and you're willing

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

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Alibaba (BABA) closed at $119.14 in the latest trading session, marking a -1.02% move from the prior day. This move was narrower than the S&P 500's daily loss of 1.22%. At the same time, the Dow lost 0.19%, and the tech-heavy Nasdaq lost 0.54%.

What happened A lively stock over the past year, Alibaba (NYSE: BABA) was sluggish on the stock exchange Monday. The Chinese tech giant's shares took a more than 2% hit on the day following an analyst's lowering of his price target on the stock.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

What happened Shares of Alibaba (NYSE: BABA) were moving higher today, in tandem with a number of Chinese tech stocks. There was no company-specific news on the e-commerce giant, but a number of macro factors seemed to be pushing the stock higher.