44.24 +0.10 (0.23%)
After hours: 6:33PM EST
|Bid||44.14 x 1000|
|Ask||44.25 x 900|
|Day's Range||43.95 - 44.23|
|52 Week Range||37.85 - 50.36|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.21|
|Expense Ratio (net)||0.74%|
Elon Musk’s Twitter Habits Could Get Him into Trouble—AgainTesla stock In 2018, popular American electric carmaker Tesla (TSLA) showcased its ability to improve its car production exponentially. In the first half of 2018, reports suggesting
The iShares China Large-Cap ETF FXI (FXI A-) and the iShares MSCI China ETF MCHI (MCHI A) are among the China ETFs leading this year's emerging markets resurgence. Entering Thursday, the MSCI Emerging Markets Index was up 9.20% while FXI and MCHI were up an average of 12.60%.
An Update on Alibaba’s Recent Acquisitions(Continued from Prior Part)Analysts’ recommendations A total of 48 out of the 49 analysts covering Alibaba (BABA) have given the stock “buy” recommendations, while only one has called the stock a
In the ongoing trade war between optimistic and more grizzly investors, Alibaba (NYSE:BABA) stock bulls are winning the battle off and on the price chart. Let me explain …Source: Shutterstock It's been a tough full year for BABA stock. Over the past 12 months, shares are off around 9%. More to the point though, it's been a constructive start to the new trading year off and on the price chart for BABA.Shares of BABA are up roughly 24% in 2019. That's more than double the approximate 11% gains in both the iShares China Large-Cap ETF (NYSEARCA:FXI) and the S&P 500 ETF (NYSEARCA:SPY).InvestorPlace - Stock Market News, Stock Advice & Trading TipsOkay, so considering late 2018's extreme bearish behavior, some investors might be quick to point out BABA stock's performance is far from unique. That's true, but remember those gains come in the face of pervasive trade war fear-mongering by pundits to not invest in China. * 7 Healthy Dividend Stocks to Buy for Extra Stability As well, global and US-based rival Amazon.com (NASDAQ:AMZN) is sporting a relatively weak YTD gain of just 8%. So, could there be something more to Alibaba at this point in time and going forward? I believe there is.Off the price, in late January BABA handed investors an overall very solid earnings report. Overall sales of $17.06 billion did miss Street views of $17.68 billion. Still, strong above-view profits and oodles of double-digit year-over-year growth comps in areas like the cloud, retail, finance, food-delivery and even the quietly growing and important smart speaker market--support the case BABA is doing a lot more things right than wrong and reaping those rewards. Alibaba Stock Weekly Chart Click to Enlarge Much as its fundamental picture reinforces, overall Alibaba is also acting very constructive on the price chart. For technical-oriented investors BABA stock has established a double-bottom or "W" off its correction from last June's all-time high of $211.70.In of itself, many will see this type of base as bullish. And in conjunction with a small 'handle' consolidation forming, the reversal formation looks even better for continued upside in BABA.As with the earnings report net sales flaw, the current handle is slightly low within the base. The price action falls is battling the 50% retracement level, rather than being fully above it. However, with this area also holding the longer-term 200-day simple moving average; a breakout above the handle high of $173.09, if it occurs, should prove a powerful technical event.For investors agreeable with what's discussed off and on the price chart, I'd simply put BABA stock on the radar for purchase above the market if shares reclaim $173.09 and in the process, reaffirm the bullish picture.Regarding money management, a fairly standard 8% stop-loss serves a dual purpose. First, the exit ensures investors keep potential losses small and the proverbial powder dry for future opportunities.Secondly, unwinding a BABA stock position near $159 is also roughly 1.5% - 2.75% beneath the 38% retracement level and handle low. And bottom or squiggly price line, technically that would be an undesirable and ominous warning on the BABA stock chart worth stepping to the side for.Disclosure: Investment accounts under Christopher Tyler's management do not currently own positions in any securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional market insights and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Smart Money Stocks to Buy Now * The 10 Best Cheap Stocks to Buy Right Now * 7 Restaurant Stocks to Watch in 2019 Compare Brokers The post Bulls Are Winning the Alibaba Stock Trade War appeared first on InvestorPlace.
Legal Headwind and 5G Tailwind Affect Qualcomm's Licensing Unit(Continued from Prior Part)Qualcomm’s counter-attacks on AppleApple (AAPL) filed a licensing lawsuit against Qualcomm (QCOM), and the chip supplier responded. Qualcomm also
Legal Headwind and 5G Tailwind Affect Qualcomm's Licensing Unit(Continued from Prior Part)Qualcomm licensing business’s fiscal 2019 second-quarter guidance Previously, we saw that Qualcomm’s (QCOM) quarterly licensing revenue has been stalled at
Why Did NVIDIA Stock Rise despite Its Weakness in Q4?(Continued from Prior Part)NVIDIA’s high inventory levelsNVIDIA (NVDA) is struggling with diminishing demand from cryptocurrency miners, which has added to its midrange channel inventory and
Legal Headwind and 5G Tailwind Affect Qualcomm's Licensing UnitQualcomm’s Licensing businessQualcomm (QCOM) was the most profitable mobile chip company, as it earned most of its profits by licensing its patents to smartphone makers and OEMs
Will Qualcomm Settle Its Multiyear Headwinds in 2019?Qualcomm fails to impressMobile chip giant Qualcomm (QCOM) was once a favorite of long-term investors, offering large stock buybacks and a dividend yield of up to 5%.Qualcomm generates stable
Is Apple Fighting a Losing Battle in China?(Continued from Prior Part)Apple’s China troublesIn the previous article, we looked at the recent massive fall in Apple’s (AAPL) iPhone sales in the Chinese market, which was discussed in a report by
Why Did NVIDIA Stock Rise despite Its Weakness in Q4?(Continued from Prior Part)NVIDIA’s revenueNVIDIA (NVDA) reported better-than-expected revenue of $2.21 billion in the fourth quarter of fiscal 2019 after the market bell on February 14. While
Is Apple Fighting a Losing Battle in China?(Continued from Prior Part)Apple’s trouble in ChinaIn the previous article, we looked at the recent recovery in Apple (AAPL) stock after a massive fall of over 30% in the quarter that ended in December
US-China Trade Dispute: Huddle Continues as Soft Deadline NearsUS-China trade disputeAccording to Reuters, citing China’s Ministry of Commerce, “Chinese Vice Premier Liu He will visit Washington on Thursday and Friday to continue trade
After rallying on the U.S. trade deal speculation, China country-specific ETFs slipped Friday, testing their long-term support, in response to slowing inflation and lingering uncertainties over the Sino-U.S. trade negotiations. Dragging on sentiment for Chinese markets, China's Consumer Price Index missed expectations in January.
President Donald Trump said Friday he may extend a March 1 deadline for reaching a trade deal with China if the two countries are close to an agreement. “Negotiation's been going on for about two days, it’s going extremely well,” Trump said. The White House and China set the March deadline for reaching an agreement in the ongoing trade dispute between the two countries, and Trump previously said he would increase U.S. tariffs on more than $200 billion in imports from China if an agreement on several issues couldn’t be worked out by the deadline.
NVIDIA Had a Disappointing End to Fiscal 2019NVIDIA stock rose 9% On February 14, NVIDIA (NVDA) stock rose as high as 9% in the after-hours session. The company expects strong growth in the second half of 2019. NVIDIA’s outlook was in line
Is 2019 Bill Ackman’s Comeback Year after a Series of Losses?(Continued from Prior Part)United Technologies United Technologies (UTX) has been another key contributor to Pershing Square’s success YTD (year-to-date). Compared to its average cost
US-China Trade Deficit Narrows: Will It Please Trump?(Continued from Prior Part)US-China trade surplus As we discussed in the previous part, China’s January trade data were better than expected for imports and exports. While China’s exports
US-China Trade Deficit Narrows: Will It Please Trump?China’s trade dataOn February 14, China released its January trade data. China’s exports in US dollar terms rose 9.1%, while its imports fell 1.5% YoY (year-over-year). The data were better
BAML Survey: Fund Managers Aren't Optimistic about Recent Rally(Continued from Prior Part)Trade war still investors’ top concernIn Bank of America Merrill Lynch’s February 2019 survey, trade war concerns remained the top tail risk cited by
March Deadline Could Be Relaxed for ‘Biggest Deal Ever Made'(Continued from Prior Part)Trump As noted in the previous article, US President Donald Trump has said that he would consider relaxing the March 2 deadline for increasing tariffs on
The iShares China Large-Cap ETF (FXI) , one of the largest China exchange traded funds listed in the U.S., is higher by nearly 9% this year, but that upside could be capped over the near-term unless the fund can push through some important resistance areas. Easing trade tensions between the U.S. and China, the world’s two largest economies, are bolstering the fortunes of Chinese stocks and ETFs such as FXI this year. China’s efforts to stimulate its massive economy also make the case for considering the country’s equity markets.
March Deadline Could Be Relaxed for ‘Biggest Deal Ever Made'US-China talks Another round of US-China trade talks is scheduled this week in Beijing. The previous round of talks concluded on January 31 in Washington. After the last round of talks,
What to Expect from Applied Materials' First-Quarter Earnings(Continued from Prior Part)Applied Materials’ revenue Applied Materials (AMAT) earns revenue by selling manufacturing equipment for semiconductors and providing maintenance and other