Its advertising business should lock in more merchants and brands, and its cloud platform should continue to gain more enterprise customers. Therefore, investors who hold Alibaba for a few more decades could be richly rewarded. Cost basis and return based on previous market day close. Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of Discounted offers are only available to new members.
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Stock Advisor. View Our Services. Our Purpose:. Latest Stock Picks. Today's Change. Current Price. The Chinese tech giant nearly tripled in value over the past five years. Image source: Getty Images. Alibaba Group Holding Limited. Alibaba Group Holding Ltd. Motley Fool Returns Market-beating stocks from our award-winning service. Stock Advisor Returns. Join Stock Advisor.
Our Most Popular Articles. Get Started Now. Start Trading Add to watchlist. Seeking Alpha 20h. Benzinga 22h. Zacks 24h. Benzinga 24h. Alibaba Historical Prices Feb. Download Reset. Alibaba Analyst Data Total Analysts: Lowest: SOE Alibaba Stock Snapshot The Core Commerce segment consists of platforms operating in retail and wholesale. The Cloud Computing segment consists of Alibaba Cloud, which offers a complete suite of cloud services, including elastic computing, database, storage, network virtualization, large scale computing, security, management and application, big data analytics, a machine learning platform and Internet of Things IoT services.
The biggest one-day gain was captured by Visa V , which jumped 28 percent in its first day of trading in March Alibaba might also get a lift from general market exuberance, given positive momentum after Scotland's vote to remain in the U.
Still, Alibaba is facing some headwinds. Smaller U. Critics have raised questions about governance issues , given that company insiders control Alibaba yet own only a small percentage of capital. Yet the size of the Chinese market, and its fast-growing middle class, is appealing to many stateside investors. The company, which handles 80 percent of all online shopping in China, makes money through transaction fees and online marketing.
Of course, regardless of how Alibaba's shares trade today, the real test will be whether it can deliver on American investors' high hopes in the long term. Please enter email address to continue. Please enter valid email address to continue. Alibaba is making big business bets around the globe, but it's endgame is still unclear. Alibaba's Jack Ma told reporters this week that Alibaba plans to aggressively expand in the U. Despite a low-profile strategy in Washington, D.
Alibaba is unlikely to repeat Facebook's missteps, but its valuation doesn't look cheap. The e-commerce giant won't be included in the biggest exchange-traded funds that normally would list a company like Alibaba. Alibaba plans to increase the size of its U.
IPO because of "overwhelming" demand for the deal, people familiar with the deal told Reuters. Demand for Alibaba's initial public offering is so oversubscribed that bankers are expected to close the books in a matter of days. Initial public offerings are like a big, exclusive party that all investors are invited to but only few can actually attend.
The theory is that Alibaba is such a gigantic offering that it is reducing interest in other IPOs anywhere on or near the horizon. According to Jim Cramer, when the big mutual funds sell stocks in order to take in Alibaba, they're going to sell other stocks that are growth stocks. The hedge fund community appears to be salivating over Alibaba, with interest from Leon Cooperman, Dan Loeb and other major players. In an era of rapid technological advances and demographic change, how do legacy companies adapt, innovate and evolve?
CNBC Evolve features iconic global companies and executives who are embracing change and transforming for the future. Investing Club. Alibaba officially the biggest-ever IPO. What to do with Alibaba, now? More Meet Alibaba's freshly minted billionaires. Four-star fund manager passes on Alibaba IPO. For Alibaba, going global means new frontiers.
Alibaba Group Holding Limited, also known as Alibaba, is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology. Benchmark analyst Fawne Jiang slashed its price target on Alibaba stock to $ from $ on Friday while reiterating a Buy rating. After selling IPO shares at $68, Alibaba shares hit the ground running, soaring up to $ during the frenzy surrounding its IPO. However, the.