8 Reasons to Buy Alibaba Group and Never Sell
Chinese e-commerce giant Alibaba Group (NYSE: BABA) is a legend in the making. The company combines start-up-like business growth with a mature financial platform, and founder and executive chairman Jack Ma is evolving Alibaba into a global leader in the online retail industry.
Though the company has been around since 1999, Alibaba joined the public markets in America as recently as 2014. I was intrigued by this unique business from the start and bought a few shares shortly after the IPO. That investment has doubled in value in three years, and I have no plans to sell my Alibaba stake anytime soon.
Here are eight of the biggest reasons why I'm in for the long haul.
Source: Fool.com