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Should You Buy Alibaba Stock Right Now?


(NYSE: BABA) reported quarterly financial results that have huge implications for investors. Fool.com contributor and finance professor Parkev Tatevosian updates his recommendation on Alibaba stock.

*Stock prices used were the afternoon prices of May 19, 2023. The video was published on May 21, 2023.

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Source Fool.com

Alibaba Group Holding Ltd ADR Stock

€72.90
3.400%
A very strong showing by Alibaba Group Holding Ltd ADR today, with an increase of €2.40 (3.400%) compared to yesterday's price.
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 €.
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