BABA - Alibaba Group Holding Limited

NYSE - Nasdaq Real Time Price. Currency in USD
-5.24 (-2.89%)
At close: 4:00PM EDT

176.00 -0.26 (-0.15%)
After hours: 4:32PM EDT

Stock chart is not supported by your current browser
Previous Close181.50
Bid176.29 x 800
Ask176.25 x 800
Day's Range175.34 - 180.48
52 Week Range129.77 - 211.70
Avg. Volume13,711,948
Market Cap456.898B
Beta (3Y Monthly)1.76
PE Ratio (TTM)50.40
EPS (TTM)3.50
Earnings DateMay 2, 2019 - May 6, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est205.90
Trade prices are not sourced from all markets
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  • How to Deal With BABA Stock in the Wake of the Foxconn Ventures Dump
    InvestorPlace9 hours ago

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    News surfaced Mar. 20 that Foxconn Ventures sold 2.2 million shares of Alibaba (NYSE:BABA) at an average price of $181.10 a share. Is the $400-million sale of BABA stock a sign that now is an excellent time to sell your shares in the Chinese ecommerce company?Source: Charles Chan Via FlickrUp 33% year to date through Mar. 19, momentum investors will likely ride BABA stock a little longer. More conservative investors will like probably take this as a signal to exit their positions. Who's right?InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks on the Rise Heading Into the Second Quarter Ride the WaveWhen it comes to BABA, I'm generally a fan. In November, I recommended Alibaba along with six other Chinese stocks to buy that were down but not out. It's up 21% since then, but nowhere near its 52-week high of $211.70, hit last June. Although China's economy was starting to show cracks at the time, I concluded that it was too big a company to continue to trade at such levels. I was right about that. The question is, why was I right? What's happened with Alibaba specifically, or China more generally, that's got investors less concerned about the micro- and macro-economic picture?On the company front, Alibaba delivered third-quarter earnings at the end of January that were generally very good with adjusted earnings per share of $1.77, ten cents higher than analyst expectations, with year-over-year revenue growth of 41% despite a countrywide slowdown in online sales. Although the company's revenue didn't grow by nearly as much as in the previous two quarters (65% growth in Q2 2019 and 76% growth in Q1 2019) investors have pushed its stock higher recognizing that it's still the biggest player in Chinese ecommerce. "We expect continued solid China ecommerce growth with Alibaba as the biggest winner," Raymond James analyst Aaron Kessler, who has a strong buy on BABA stock, wrote at the time in a note to clients. Sure, you can nitpick about Alibaba's third quarter, but from where I sit, the fact that the company generated $13.6 billion in free cash flow in the first nine months of fiscal 2019, a 3% increase over a year earlier, suggests that it's still mighty profitable despite the slower revenue growth.Should a trade deal get done between China and the U.S., I could see that growth moving higher for a long time to come. It's Time to Take ProfitsThis is where things get a little dicey. There are two sayings we can look to for advice. The first is, "Never sneeze at a profit." The second is "Cut your losses short and let your winners run."If you bought in November, I could see you going with the latter. However, if you purchased Alibaba IPO shares in September 2014 at $68, a 166% gain over 54 months (24% annualized) is a very nice return for even the most successful investor. That's especially true when you consider the negatives of Alibaba's business. * 7 2018 Tax Changes Affecting Your Returns and Refunds One area that investors look to for significant growth is the company's cloud segment. In early 2018, I suggested that the company's cloud business was one of three things it needed to focus on for BABA stock to get to $400. I still feel this way. However, as InvestorPlace contributor Rohit Chhatwal recently stated, the Huawei fiasco has all sorts of developed countries questioning the presence of Chinese companies involved with technology that reaches into the security infrastructure. It's one thing for an ecommerce company from China soliciting business from American consumers. It's another thing to be using the cloud to spy on those same consumers. My colleague is right to question the future robustness of its non-domestic cloud business. Until the entire Huawei situation gets settled, large companies in North America and Europe are not going to entertain Alibaba's services without some serious discount. Is it enough to derail Alibaba stock? We'll find out soon enough. What Would I Do?When making any investment, I always consider the probabilities. The probability that Alibaba will continue to grow its ecommerce business is reasonable. The likelihood that Alibaba's cloud business won't be able to make inroads outside China is low. The probability that Alibaba will face some severe headwinds when it comes to cloud security is high. Is it enough to keep BABA stock from going any higher than $180?I don't think so. But don't expect a straight shot to $400. There will be lots of ups and downs as it elbows its way into the cloud. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Specialty Retail ETFs to Buy the Industry's Disruption * 5 Stocks To Buy for the Happiest Employees * 3 Out-of-Favor Consumer Stocks to Buy Compare Brokers The post How to Deal With BABA Stock in the Wake of the Foxconn Ventures Dump appeared first on InvestorPlace.

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    Insurance data company Ebix (NASDAQ:EBIX) has been evolving and increasingly, Ebix stock has started a slow march up. It's a pleasant surprise as I first ran into this company almost a decade ago, when I was still at ZDNet.At the time they were buying a health care information company called A.D.A.M., for $66 million. I recently found my story on the Ebix Web site.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSince then, Ebix has ridden a lot of ups and downs. The stock traded as low as $9.26 per share in 2012. But it found its footing and rose to as much as $83 per share last year. It opens for trade March 12 at about $51.30 per share.Ebix is worth looking at again because it's no longer the company it was. It's a broader company, with interests in insurance as well as health care. It is also much more focused on India, which is where CEO Robin Raina hails from.That's the real story. * Top 7 Service Sector Stocks That Will Pay You to Own Them Payment Innovation and Ebix StockTransaction processing has long been an American lake, dominated by Visa (NYSE:V), MasterCard (NYSE:MA), and their networks of processing partners, many of which have operations in Atlanta, where Ebix is based in the suburban town of John's Creek.But India's government recently pushed through a powerful transaction processing innovation, a Unified Payments Interface that has made India the innovation center of the global payments industry.Not only did India create a low-cost payment infrastructure, it also pushed people to use it, banning high-denomination bills to fight tax evasion and pushing commerce into the new system.The rise of low-cost digital payments has boosted Alibaba Group Holding (NASDAQ:BABA), Tencent Holding (OTCMKTS:TCEHY) and even American companies like Alphabet (NASDAQ:GOOGL) and Facebook (NASDAQ:FB), all of which have taken advantage of the new infrastructure, at the expense of banks and traditional processors.This is what Ebix is tapping into. India Moves and Ebix StockEbix' market cap is barely $1.5 billion, but U.S. dollars go a long way in India.The company has made 11 deals in India in just 14 months, all in various areas of ecommerce infrastructure. The purchases cost about $500 million. Raina wants to invest another $500 million this year, and take what had been the remittance system ItzCash, now renamed EbixCash, public.Raina's latest deal, announced March 11, is a proposal to buy Yatra Online (NASDAQ:YTRA), the ticketing firm behind, an Indian rival to Expedia (NASDAQ:EXPE) or Booking Holdings (NASDAQ:BKNG).The company had already bought 80% of Zillious, another online travel booker. The plan is to make Yatra part of EbixCash, then take the whole thing public.On March 1, Ebix announced its revenue for 2018 was up 37% to $497.8 million and a few days later it announced plans to be at a run rate of $750 million by the end of this year. The country's footprint in India is large enough for it to sponsor one of the country's leading business conferences and host the country's Prime Minister, Narendra Modi. The Bottom Line on Ebix StockIndia is one of the world's fastest growing economies, and electronic transactions, thanks to government help, are one of the fastest-growing parts of that economy.Ebix has transformed itself, in barely a year, from a small American company focused on health payments into a real competitor inside this enormous opportunity.It has taken real risks to do this, with long-term debt of $274 million and a revolving line of credit worth another $424 million. Its operating cash flow, $89.8 million last year, can hardly keep up.Ebix is all-in on India and has made itself a speculative stock in the process. But speculating on Ebix stock is worthwhile, and if you want that kind of international exposure, here it is.Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at or follow him on Twitter at @danablankenhorn. As of this writing he owned no shares in companies mentioned in this article. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Financial Stocks to Invest In Today * 7 Single-Digit P/E Stocks With Massive Upside * 5 Chip Stocks on the Rise Compare Brokers The post EBIX Stock Is Risky at Best but Still Worth a Good Hard Look appeared first on InvestorPlace.

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