Ready to break to new high. $80 $120 rule. A number of acquisitions announced today even TIBX. CSCO will knock on ANET door to buy this great growth business. Yes, will be $105 $110 range.
They are expanding in many growth areas . Hotel tech, banking, etc beausr China has so much growth ahead for many years. Invest in BABA, wish to Own WMT GOOGL FB AMZN BIDU GS PCLN years ago?
Did you read the article saying BABA basically can get YHOO for free. Taxe advantage, etc. Soft bank I also a frontrunner, getting YHOO they will own a big
% of BABA. To me, either BABA or SFTBY.
It should b at least $80 now after great ER last quarter & great news last night.
Will be up another $10 tomorrow on BABA. BIDU is proven ,8400% up since ipo. They prefer BIDU than BABA, safer until BABA proves itself. From CNBC.
Be patient , it will get there. great growth & take customers away from CSCO. They have to acquire ANET or loose.
Forward PE 12/. 2015 only 41, low. They are talking about BABA to have 40 PE & said still cheap . Crmaer said BSBA can afford 50 PE. SSYS has better growth.