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Alibaba Group Holding Limited (BABA)

NYSE - Nasdaq Real Time Price. Currency in USD
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170.57+3.74 (+2.24%)
As of 9:40AM EDT. Market open.
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  • B
    Billy Bob
    added 500 shares today at 168.25. i have 2000 shares now. cost avg is 157...still lower than Mar2020 when it was at 170, but won't buy anymore as a long term (1year+). Why I want to own this company:

    -It's trading at a low PE.
    -The govt fines and restrictions are harsh, but I don't think they want to eat the money. I think they're going to use it to fuel the middle class and bail out evergrande.
    -I see it making more than amazon in net income per year by 2023. It's funny when something has a pe less than tesla, but making more in net income...
    -I also see China having higher gdp next year.
    -Their renewable energy sources are going to accelerate. This will help with their inflation, which is heavily associated with energy.
    -I think Ant Financial has room to grow.
    -Cloud computing market is just getting started. This stock is at a PE of 20.5 and China only spends 15 billion in cloud right now. The US in 2021 spent 18 billion...China has room to grow. They have 4x the population.
    -S/O to the person on this thread for info on the cloud computing chip update.
    -Jack Ma aint dead
    -Alibaba also has 14% of its assets in cash, compared to US companies who have...less, to say the least.
    -If you want to get REALLY into the future, look up the Belt and Road Initiative, which alibaba would stand to benefit from.
    -China won't allow cryptocurrencies...Unless some resistance from the roughs convinces the rest of the country to use BTC or whatever, I think that allows the renminbi/yuan to maintain value.

    Know what you own. I won't increase my position size anymore, but I'm happy to own something that has 14% of its assets as cash. I also like the growth potential. I'm also not naive. There are risks. I think that accounting can be confusing. But I wouldn't worry about it affecting the valuation. The ADR you invest in has to get money somehow from the company, so they're good on their word to keep making money IMO. Also, I like investing when the risk is higher, the reward is higher. If you're honestly someone who prefers to invest in this when it's at 300 and watch it go to 400, just to feel "safer", then don't hate and just come back to the thread in 3-5 years.
    Bullish
  • r
    rzeszutek
    Alibaba Group Holding Ltd. unveiled a new server chip that’s based on advanced 5-nanometer technology, marking a milestone in China’s pursuit of semiconductor self-sufficiency. The Chinese tech giant’s newest chip is based on micro-architecture provided by the SoftBank Group Corp.-owned Arm Ltd., according to a statement Tuesday. I am so glad i found trade-ideas. Helps traders find the best setups in the market right now https://stockhaul.today/Trade-of-the-Week
  • D
    David007
    its simple math and common sense. which are the 2 firms most likely to hit 1 trillion market cap in the next few years? Only BABA and Tencent have the scale, reach and number of users to reach the stars.
    Bullish
  • C
    Carloseus
    Alibaba Said to Release its Own 5nm ARM-Based Server Chip.

    Chinese financial media Caixin reported on Oct 18 that Alibaba’s ARM-based server chip, which has been developing since 2019, has finished tapeout in the middle of the year and slated be released in the near future, according to several sources. This means that Alibaba has become another tech giant to develop its own ARM-Based server CPU after Amazon, Huawei & IBM.

    The chip is built using a 5nm process, which is currently the most advanced server chip in that regard. 

    You don't get to read this kind of earth shattering news on Yahoo Finance.
  • V
    VJ
    Is today the day BABA rises to 175, after spending a week at the 50 dma at 167?

    Internal server processor development is big news. Soon Singles day sales, then earnings.
  • D
    Demetrios
    There is no reason why BABA can’t have the market cap of an APPL or MSFT. GO BABA GO!!!!
    Bullish
  • D
    Demetrios
    Not selling a share till BABA hits $1k. Not a matter of if but when. I got another 25 years before I retire.
  • T
    Tora
    the Bullish Report on Alibaba Group Holding Ltd.

    https://chart-analysis.tools/BABA
  • P
    Pia
    The year is 2027. Alibaba is preparing to ipo their market leading semiconductor business. Baba stock is skyrocketing to $700+. One day the markets are gloomy and baba drops from $724 to $721. Jimmy Z and Sherman spends the day spamming this board about How they were right all along. The rest of us are enjoying the day drinking champagne on our yachts.
  • T
    Terminal Gravity
    Breaking above to a near-term higher high. Over $180+ this week and $200+ coming very soon with earnings, AliPay IPO confirmation and other goodies. Goldman, Blackrock, Charlie, BABA (via buybacks), these guys 🦧🦧🦧 and other smart investors are all onboard. Short interest got complacent and many are now losing money. Let's squeeze 'em!!
    Bullish
  • J
    Jazz
    OK, HK has us back to approx US $171.00. Let's if they can the momentum going. G'nite.
  • N
    Nick
    Imagine selling after news of releasing their own chips, this is why some people will never be successful in trading/investing lol
    Bullish
  • P
    Pia
    Momentum traders are gonna make a fortune driving this stock up to 300. We long term investors just sit back and enjoy our huge gains.
  • k
    krogman
    Chinese tech giant Alibaba Group Holding Ltd said on Tuesday it has developed a processor that will be used to power servers in its data centers. My personal finances have been much better with this 'Ultima Spike Secret' to Generate 36% in 1-Day… 90% in 6-Days… And 111% in 3-Days REGARDLESS of Market Conditions! https://perfectroi.today/IncomeProject
    The Great American Income Project – Register Page Version #2
    perfectroi.today
  • J
    Jim
    News: BABA is suppose to experience regulatory worries and then, someone says that BABA has greater competition. Then, the next problem is suppose to be lower retail sales in the economy. Apparently, someone wants you to avoid BABA.
  • T
    TheRag
    PBOC says can control Evergrande risks. Good for BABA and other Chinese stocks.
    Bullish
  • M
    Master Yoda
    Could have a massive short squeeze. There are many big money managers that have been heavily short BABA for months.
  • V
    V
    BABA seems to be idling along the 50 dma for the past several sessions. There is a small chance it will be turned back, particularly if the Chinese government takes some negatively viewed action. However, the more likely possibility is that it is going to make a big leap off the 50 dma towards 175, particularly when we start to see numbers from the golden week ending Oct 7, followed by BABA earnings followed by singles day on Nov 11. By singles day I expect this to be back at 200.
  • B
    BossUsa
    Is it good time to add more or wait for pullback ? Average $173
  • J
    Julius Caesar - Renaissance
    Close above 170 USD / share wil likely make price increase to about 187 USD first, then likely first some selling
    once 187 USD is broken 212-214 will be tested. Once 212-214 is broken official uptrend will start.
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