|Bid||33.27 x 900|
|Ask||36.08 x 900|
|Day's Range||33.50 - 34.95|
|52 Week Range||30.07 - 57.00|
|Beta (5Y Monthly)||1.00|
|PE Ratio (TTM)||35.47|
|Earnings Date||Aug 19, 2021 - Aug 23, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||45.68|
Take Amazon and Netflix, for example. If you made a $10,000 investment in Netflix stock 10 years ago, your holdings would now be worth roughly $132,000. Growth-dependent tech stocks are prone to volatile pricing swings, but taking a buy-and-hold approach to quality companies in the space can transform your portfolio's performance.
Alibaba (NYSE: BABA), China's top e-commerce and cloud company, lost nearly 10% of its value from January to late May, underperforming many industry peers. An antitrust probe in China, tighter auditing standards in the U.S., and the rotation from growth to value stocks all weighed down its stock. Alibaba's stock might look cheap at 18 times forward earnings, but analysts still expect its earnings to dip 3% this year as it absorbs a record $2.75 billion antitrust fine.
The Chinese e-commerce specialist reported first-quarter results and authorized a new buyback program.