|Bid||133.64 x 1000|
|Ask||133.70 x 1200|
|Day's Range||132.33 - 136.75|
|52 Week Range||108.70 - 274.29|
|Beta (5Y Monthly)||0.92|
|PE Ratio (TTM)||18.78|
|Earnings Date||Jan 31, 2022 - Feb 04, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||208.75|
Alibaba gapped above its 50-day moving average Thursday after China cut a couple of key lending rates to stimulate the economy. Alibaba stock has been on a downtrend for months, weighed down by regulatory concerns, but is Alibaba stock a buy now? BABA stock soared 10% on Dec. 6 on news of a management shakeup and an overhaul of its ecommerce business.
Bond yields are down and the tech-heavy Nasdaq is rising. For Chinese tech stocks, there's another factor at play.
Investment company Marino, Stram & Associates Llc (Current Portfolio) buys Nuveen Preferred & Income Securities Fund, Invesco CEF Income Composite ETF, Enbridge Inc, Vanguard ESG U.S.