|Bid||186.36 x 100|
|Ask||193.18 x 100|
|Day's Range||190.56 - 193.20|
|52 Week Range||156.23 - 197.80|
|PE Ratio (TTM)||42.17|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The tech giant saw double-digit revenue growth in each of its cloud-focused businesses.
Stocks are headed lower as the trading week ends despite some positive earnings results from companies like Visa Inc (NYSE:V) and Microsoft Corporation (NASDAQ:MSFT). The weakness in the major indices has our interest turning to watch out for stocks that may have extended their rally a little too far and are ready for a short-term pullback. Today’s three big stock charts look at Anheuser Busch Inbev NV (ADR) (NYSE:BUD), Apple Inc. (NASDAQ:AAPL) and Baidu Inc (ADR) (NASDAQ:BIDU) as all three of these heavily traded companies are flashing signs that their overbought conditions are setting them up for a short-term pullback.
BABA stock, which has skyrocketed 71% year to date, has punished those who continue to bet against it. Wall Street, for instance, has yet to take Alicloud seriously (it accounts for only about 5% of Alibaba’s total revenue), but Alicloud is poised to be a major profit producer.