|Bid||0.00 x 1100|
|Ask||0.00 x 1100|
|Day's Range||18.92 - 19.14|
|52 Week Range||18.45 - 32.75|
|Beta (3Y Monthly)||0.88|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||1.09 (5.57%)|
|1y Target Est||25.26|
Jim Cramer rattles off his responses to callers' stock questions, including one tied to a sector he's trying to avoid.
Alibaba (NYSE:BABA), like many Chinese and technology stocks, came under pressure in 2018, partly due to concerns about the trade war. And in the past few weeks, the strengthening U.S. dollar and reports of a potential cooling of the Chinese economy have added to the uncertainty surrounding BABA stock. Amid all of this pressure, BABA stock has tumbled 20% in the past year. However, since China's move to a consumption-based economy is here to stay, long-term investors may want to consider investing in Alibaba stock, especially as the company's earnings, due to be announced on Jan. 30, approach. I believe that the slowing down of the Chinese economy may become a blessing in disguise, as it may prevent a full recession and keep the growth of the country and its online retail sector at sustainable levels. ### The Fundamentals of BABA Stock Are Robust BABA has become a highly regarded global company, and Alibaba stock offers U.S. investors the chance to invest in the growing Chinese consumer and e-commerce markets. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * Morgan Stanley: 7 Risky Stocks to Sell Now As BABA gets ready to release its quarterly results at the end of the month, investors who are seeking capital appreciation should keep in mind the company's dominant position in the Chinese e-commerce space and the rapid growth of its e-commerce business. Moreover, BABA's gross margin is over 55%, and many analysts expect its revenue to continue growing at double-digit-percentage rates. The fact that the company is not highly leveraged also contributes to my upbeat view of Alibaba's management and balance sheet. Its current ratio, which measures BABA's ability to pay its short-term debt, stands at a healthy 1.4. Although the Chinese economy may slow in 2019 or 2020, China's growing middle class will continue to drive increases in the country's consumer spending. The sales of China's online retail market, which is growing rapidly, are likely to expand particularly quickly. BABA also has multiple equity stakes in growth companies in other industries such as Alibaba Cloud, its cloud computing arm; Ant Financial, the Chinese payments giant; and Ele.me, the local delivery company. Alibaba owns 31% of Weibo (NASDAQ:WB), the Chinese microblogging company. Like Amazon (NASDAQ:AMZN), Alibaba is also paying considerable attention to developments in cloud computing and artificial intelligence, two areas that will contribute to its bottom line and help boost BABA stock in coming years. ### BABA's International Growth Is Just Beginning Furthermore, BABA has investments in start-ups in South Asia and Southeast Asia. Among the start-ups in those regions in which BABA has stakes are Paytm, an Indian digital-payments provider, and Lazada, a Singapore-based e-commerce company that is growing in overseas markets. The "Amazon of the East" has also set its eyes on moving west through partnerships with European companies, including Vodafone Group (NASDAQ:VOD) in Germany and El Corte Ingles in Spain. Many European companies are still discovering new ways to enter the Chinese market, and BABA may enable them to connect with Chinese customers faster. BABA's mobile payment network, Alipay, is looking to expand in Europe. Such international growth will not only help increase the company's bottom line, but it will also enable BABA to diversify away from China, lowering the macro risk facing BABA stock. ### So Is It Time to Invest in BABA Stock? The answer depends on your investment style and horizon, i.e., whether you are a short-term trader or a long-term-growth investor. BABA stock is a compelling long-term investment. Yet, between now and Jan. 30, when BABA reports its earnings, the markets are likely to continue to be volatile, especially since many other tech heavyweights are expected to release their quarterly reports between now and then. After the recent selloff of BABA stock, followed by the recovery in the markets over the past week, the technicals of Alibaba suggest that BABA stock could continue to be choppy. Investors who pay attention to moving averages and oscillators should note that the short-term technicals of Alibaba stock are moving toward a more neutral reading from the extreme oversold levels we have recently seen. The volatility of Alibaba stock is high, giving it a wide trading range, so short-term traders should proceed with caution in the coming weeks. From a short-term-chart perspective, I am not willing to say that BABA stock has bottomed yet. However, the recent decline of the shares makes BABA stock even more attractive for long-term investors. I also believe that most of the negative effects of the U.S.-China trade war have already been priced into Alibaba stock. If the two sides reach a deal that's seen in a positive light this year, BABA stock is likely to rally. The past four trading sessions have given Wall Street a glimpse of how powerful BABA's comeback could be: the stock rallied from a low of $129.83 on Jan. 3 to a high of $153.35 on Jan 9. ### The Bottom Line on Alibaba Stock Alibaba's growth in e-commerce, cloud computing, and other investments throughout China and globally make it a disruptor and a strong, long-term investment. Long-term investors should view any further fall in the BABA stock price as an opportunity to buy the stock. However, traders with a short-term horizon should realize that BABA stock may not yet have formed a base and consequently may not yet be ready to bounce back fully from its recent lows. As of this writing, Tezcan Gecgil did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks You Can Set and Forget (Even In This Market) * 10 Virtual Assistants for the Future of Smart Homes * 7 5G Stocks to Buy as the Race for Spectrum Tightens Compare Brokers The post Domestic, Global Growth Will Propel Alibaba Stock Higher in the Long-Term appeared first on InvestorPlace.
MADRID (Reuters) - Vodafone (VOD.L) plans to cut up to 1,200 jobs from its Spanish business, the company said on Thursday, though it declined to give further details ahead of talks with labour representatives ...
Vodafone plans to cut up to 1,200 jobs from its Spanish business, the company said on Thursday, though it declined to give further details ahead of talks with labor representatives expected to begin at ...
Hikma missed out on a FTSE 100 rally after Citigroup downgraded it to “neutral”. The drugmaker had a modest roster of product launches for 2019 and faced growing competition, said Citi. The broker also noted two months of weak US prescription data for Hikma’s injectable drugs and highlighted challenging year-on-year comparisons once Pfizer restarted production of opioid painkillers.
retreated after its Christmas period trading update showed 3.6 per cent like-for-like sales growth excluding fuel, against a consensus expecting 4.1 per cent. Management left full-year guidance unchanged but cautioned on a conference call that consumer confidence had weakened. Separately, Kantar Worldpanel’s supermarket survey for December showed industry sales up 1.2 per cent. was the best performer among the big four with 1.7 per cent sales growth, while J Sainsbury was the laggard with sales down 1.2 per cent.
(Reuters) - Indian telecom stocks such as Vodafone Idea Ltd lost ground on Thursday after the industry regulator released monthly data that showed a bleak rise in the country's mobile phone customer base. ...
Nokia (NOK) announced last month that it had developed and deployed a liquid-cooled base station system in Helsinki, Finland. It said that was an achievement that promises lower costs for operators and reduced carbon dioxide emissions. The system was developed and tested in partnership with Finnish power supplier Efore and Finnish mobile operator Elisa.
Telecom stocks across the globe have held up well amid the market's recent turbulence, with the Morningstar Global Communication Services Index down only 5% in the fourth quarter through Dec. 20 versus a 14% drop for the broader market.
The Latest Updates from T-Mobile and Vodafone(Continued from Prior Part)Operator and its auditor in legal tussle Vodafone (VOD) has dropped PwC as its auditor, according to Irish newspaper the Independent.
On May 9, Vodafone (VOD) announced that it had reached an agreement to purchase Liberty Global (LBTYA) assets in certain European markets. As Reuters has reported, the deal is now set to face a full-scale review after the initial review raised certain antitrust concerns, specifically in Germany and the Czech Republic. German telecom operator Deutsche Telekom (DTEGY) is opposed to the idea of Vodafone buying Liberty Global’s assets, claiming it would be bad for competition.
Despite Viacom’s (VIA) (VIAB) dispute with Netflix (NFLX) over talent poaching, Viacom isn’t going roll back its strategy of cooperating with video streaming providers instead of challenging them.
(Bloomberg) -- European equities retreated at the open as automakers to telecoms fell after renewed concerns about U.S.-China tensions spooked investors.
EU's investigation of Liberty Global's (LBTYA) divestiture of its assets in Germany and Eastern Europe to Vodafone can now delay the transaction beyond the mid-2019 completion time frame.
The European Commission opens an enquiry into Vodafone's (VOD) deal as EU antitrust regulators think that this may reduce competition in Germany and the Czech Republic.
The Australian Competition and Consumer Commission (ACCC) said in a statement that removing TPG as a new independent competitor with its own network "would be likely to result in a substantial lessening of competition". "A mobile market with three major players rather than four is likely to lead to higher prices and less innovative plans for mobile customers,” ACCC Chairman Rod Sims said in the statement.
Vodafone's (VOD.L) purchase of Liberty Global's (LBTYA.O) assets in Germany and east Europe may damage competition in Germany and the Czech Republic, EU antitrust regulators said on Tuesday, as they opened a full-scale probe into the $21.8 billion (£17.13 billion) deal. The deal between the world's second-largest mobile operator and U.S. cable pioneer John Malone's Liberty would enable Vodafone to compete more effectively with Deutsche Telekom (DTEGn.DE) in the German rival's home market.
Vodafone's (VOD.L) purchase of Liberty Global's (LBTYA.O) assets in Germany and east Europe may damage competition in Germany and the Czech Republic, EU antitrust regulators said on Tuesday, as they opened a full-scale probe into the $21.8 billion deal. The deal between the world's second-largest mobile operator and U.S. cable pioneer John Malone's Liberty would enable Vodafone to compete more effectively with Deutsche Telekom (DTEGn.DE) in the German rival's home market.
BRUSSELS (Reuters) - Vodafone (VOD.L) said on Tuesday that it continues to expect EU antitrust regulators to approve its plan buy of some Liberty Global (LBTYA.O) assets by mid-2019. The comment came after ...
Vodafone said on Tuesday that it continues to expect EU antitrust regulators to approve its plan buy of some Liberty Global assets by mid-2019. The comment came after the European Commission opened a full-scale ...
EU antitrust regulators opened on Tuesday an in-depth investigation into Vodafone's $21.8 billion buy of Liberty Global's assets in Germany and eastern Europe, saying the deal may hit competition in Germany and the Czech Republic. The European Commission said it would decide by May 2 whether to clear the deal. The deal would transform Vodafone into Europe's biggest provider of broadband, cable and mobile services with 54 million customers and reach 110 million homes and businesses.
A German regulator has said the government's auction of fifth-generation (5G) mobile licences could be delayed if operators had to offer roaming in rural areas, the Frankfurter Allgemeine Zeitung (FAZ) reported on Thursday. FAZ had said the government was mulling changes to the auction requirements envisaging compulsory roaming in rural areas with patchy mobile phone coverage. FAZ said it was citing a letter from the Bundesnetzagentur (BNetzA) regulator to the economy and transport ministries.