Alibaba Stock: Buy, Sell, or Hold?
Alibaba (NYSE: BABA) has intrigued U.S. investors ever since introducing its shares in 2014. It went from a business started in Jack Ma's apartment to becoming the largest e-commerce company in China. And like its U.S. counterpart Amazon, it succeeded in the cloud, helping it to make it a major artificial intelligence (AI) play.
Despite its market position, slow growth and an uncertain business environment could give investors pause regarding this internet and direct marketing retail stock. Hence, potential investors need to consider Alibaba's attributes and challenges before deciding whether to buy this stock.
In many ways, Alibaba offers a compelling value proposition. For one, it can leverage AI applications due to its position as the world's fourth-largest cloud company. Through AI, it offers data intelligence solutions that could help customers from multiple industries.
Source Fool.com
Alibaba Group Holding Ltd ADR Stock
The stock is one of the favorites of our community with 41 Buy predictions and 2 Sell predictions.
With a target price of 109 € there is a positive potential of 49.52% for Alibaba Group Holding Ltd ADR compared to the current price of 72.9 €.
