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Mind you, this is all just speculation at this point, but it appears investors think Citi’s scenario looks likely enough that it’s spooking the market today. These wide- and narrow-moat stocks have Forex news suffered losses lately and are now trading in 4- and 5-star range. Despite increased competition, Morningstar’s analyst thinks China’s e-commerce giant has new growth opportunities to tap.

  • Alibaba Group operates as an online and mobile commerce company in China, providing internet infrastructure, e-commerce, online financial, and internet content services.
  • As always, interested individuals need to consider what they want from their long-term investments before they start looking into their options.
  • Please visit /cryptocurrency to see a list of crypto available to trade.
  • Alibaba Group’s mission is to make it easy to do business anywhere.
  • Still, there are a number of explanations that have come up more than others.

The chart below shows how a company’s share price and consensus price target have changed over time. The lighter blue line represents the stock’s consensus https://www.forbes.com/advisor/investing/what-is-forex-trading/ price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Stocks To Own

Alibaba Group Holding Limited operates online and mobile marketplaces in retail and wholesale trade, as well as cloud computing and other services. It provides technology and services to enable consumers, merchants, and other participants to conduct commerce in its ecosystem. On average, Wall Street analysts predict that Alibaba’s share price could reach $192.82 by Apr 11, 2023.

BABA stock

Securities trading is offered to self-directed customers by Webull Financial LLC, a broker dealer registered with the Securities and Exchange Commission . Webull Financial LLC is a member of the Financial Industry Regulatory Authority , Securities Investor https://dotbig.com/markets/stocks/BABA/ Protection Corporation , The New York Stock Exchange , NASDAQ and Cboe EDGX Exchange, Inc . This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service.

Price And Eps Surprise Chart

For example, a price above its moving average is generally considered an upward trend or a buy. College student who loves finance– I interned at buy side firms doing equity research in the last year. I am particularly interested in using options to overlay an equities portfolio for hedging and income generation. I favor long-term outlooks in stock selection and prefer American businesses.

BABA stock

As a result, the Chinese government has decided to crack down on certain company practices that it believes to be detrimental to the Chinese population. Much of the fear comes from the uncertainty of how these things will turn out. Still, there is a lot of room between breaking them and letting them do BABA whatever they want, thus making for another source of anxiety. Chances are good that interested individuals can guess that a lot of Chinese people got rich by capitalizing upon these economic reforms. Jack Ma and the other 17 individuals who co-founded Alibaba can be considered excellent examples.