BABA - Alibaba Group Holding Limited

NYSE - NYSE Delayed Price. Currency in USD
164.54
-7.37 (-4.29%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous Close171.91
Open169.69
Bid162.60 x 900
Ask162.70 x 1300
Day's Range163.83 - 171.49
52 Week Range129.77 - 195.72
Volume20,117,429
Avg. Volume19,900,160
Market Cap428.391B
Beta (3Y Monthly)1.84
PE Ratio (TTM)47.05
EPS (TTM)3.50
Earnings DateOct 31, 2019 - Nov 4, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est220.38
Trade prices are not sourced from all markets
  • TheStreet.com

    Pinduoduo, at Half a Billion Users in China, in No Rush to Conquer Rest of World

    China's rising star in e-commerce is not in a hurry to expand beyond its home market, says its head of strategy, David Liu, as the company continues to find lots to do with nearly half a billion users in China.

  • GuruFocus.com

    Michael Burry Buys 4 Stocks in Addition to GameStop

    Big Short investor also shutters former largest holding JD.com Continue reading...

  • 6 Retail Companies Gurus Broadly Own
    GuruFocus.com

    6 Retail Companies Gurus Broadly Own

    New Berkshire holding Amazon tops the list Continue reading...

  • Lone Pine Capital 2019 Q2 Investor Letter
    Insider Monkey

    Lone Pine Capital 2019 Q2 Investor Letter

    Lone Pine Capital's flagship hedge fund outperformed the S&P 500 Index by nearly 8 percentage points per year since its inception in 1998. But that's mostly because of its tremendous success in the earlier years of the fund. Nowadays Lone Pine's returns go hand in hand with the market. For example, last year Lone Pine's […]

  • 4 China Stocks Getting Slammed as Trump Wages Currency War
    InvestorPlace

    4 China Stocks Getting Slammed as Trump Wages Currency War

    Wall Street is getting hit hard on Friday after China announced overnight a new batch of trade tariffs on U.S. imports.President Donald Trump wasted no time responding, hinting on Twitter (NYSE:TWTR) that he is preparing to take action to stop the U.S. dollar's rise to record highs. He added additional criticism at the Federal Reserve as well, who he believes is contributing to the problem with a reluctance to cut interest rates further. * 7 Retail Stocks to Buy on the Dip As a reminder, China responded to Trump's last salvo of import tariffs with an aggressive weakening of their currency -- which then caused the U.S. Treasury to label the country a currency manipulator. Stocks fell hard and fast this morning in response to all this. Here are four that are among the worst affected:InvestorPlace - Stock Market News, Stock Advice & Trading Tips Alibaba (BABA)Alibaba (NYSE:BABA), China's version of Amazon (NASDAQ:AMZN) is down nearly 4% as I write this to cut back below its 200-day and 50-day moving averages. This after stalling out near the prior high set in late July. Shares have been in a long sideways pattern since the trade war kicked off in late 2017 and look likely to revisit the late 2018 lows near $130 -- which would be worth a loss of more than 20% from here.The company will next report results on Nov. 1 before the bell. Analysts are looking for earnings of $10.64 per share. When the company last reported on Aug. 15, earnings of $12.55 beat estimates by $2.09 on a 42% rise in revenues. Luckin Coffee (LK)Luckin (NASDAQ:LK), which is China's take on Starbucks (NASDAQ:SBUX) with a heavy emphasis on preordering and lower prices, looks set to return to its post-IPO lows as the trade war creates a drag on Chinese consumers. The company has no clear path to profitability despite impressive revenue growth as it aggressively expands its store base. Higher prices are likely needed, which undercuts the reason people are visiting in the first place. * 10 Marijuana Stocks That Could See 100% Gains, If Not More The company will next report results on Nov. 14 before the bell. Analysts are looking for a loss of 48 cents per share on revenues of $206.9 million. When the company last reported on Aug. 14, a loss of 48 cents per share missed estimates by three cents. JD.com (JD)Chinese online retailer JD.com (NASDAQ:JD) has stalled out near triple-top resistance around the $32-a-share level. Watch for another test of the 200-day average leading to a violation that could well give way to a retest of the late 2018 lows near $20. Such a move would be worth a loss of roughly a third from here.The company will next report results on Nov. 19 before the bell. Analysts are looking for earnings of $1.18 per share on revenues of $128.1 billion. When the company last reported on Aug.13 earnings of $2.30 beat estimates by $1.76 on a 22.9% rise in revenues. Petrochina (PTR)Shares of China's large energy conglomerate, Petrochina (NYSE:PTR), are in deepening trouble, falling to fresh lows today to cap a 40%+ decline off of the highs set in 2018. This violates the early 2016 lows and returns prices to levels not seen since 2009 as the last bear market was bottoming.Hayman Capital investor Kyle Bass railed against the company on Twitter this week, wondering why the U.S. Securities and Exchange Commission allows the company to be U.S.-listed when it owns the Pacific Bravo tanker, which is carrying Iranian oil against sanctions.As of this writing, William Roth did not hold any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Retail Stocks to Buy on the Dip * 7 Marijuana Stocks With Critical Levels to Watch * 7 Internet of Things Stocks to Buy Now The post 4 China Stocks Getting Slammed as Trump Wages Currency War appeared first on InvestorPlace.

  • Ruane Cunniff Cuts Alphabet, Fiat
    GuruFocus.com

    Ruane Cunniff Cuts Alphabet, Fiat

    Guru's largest sales of 2nd quarter Continue reading...

  • Why Alibaba Stock Fell after Pinduoduo’s Earnings Report
    Market Realist

    Why Alibaba Stock Fell after Pinduoduo’s Earnings Report

    Alibaba stock dropped 1.90% on August 22 after a 1.11% fall on August 21. The decline came after its competitor Pinduoduo reported strong earnings results.

  • Is Pinduoduo Catching Up to Alibaba and JD.com?
    Motley Fool

    Is Pinduoduo Catching Up to Alibaba and JD.com?

    The Chinese e-commerce underdog is firing on all cylinders, but investors shouldn’t overlook its glaring flaws.

  • Amazon's Future Coupons Deal to Aid Indian Retail Footprint
    Zacks

    Amazon's Future Coupons Deal to Aid Indian Retail Footprint

    Amazon (AMZN) agrees to acquire 49% stake in Future Coupons, through which it will be entitled to snap up a minority share in Future Retail.

  • IBM to Develop Quantum Technology Utilizing Cloud Platform
    Zacks

    IBM to Develop Quantum Technology Utilizing Cloud Platform

    IBM's initiatives to realize quantum supremacy goals at hardware, software and integrated levels hold promises.

  • 10 Most-Loved Stocks in Hedge Funds: Goldman's VIP List
    Investopedia

    10 Most-Loved Stocks in Hedge Funds: Goldman's VIP List

    Goldman Sachs’ “Hedge Fund VIP List”—containing the 50 most popular stocks among hedge fund portfolios—has outperformed the broader market for the past 18 years. The Hedge Fund VIP basket has beaten the market by an average 50 bps in every quarter since 2001. The list is a tool that investors can use to “follow the smart money,” wrote Goldman’s analysts in their most recent Hedge Fund Trend Monitor report, which analyzes a group of 835 distinct hedge funds.

  • China AI Startup to File for Hong Kong IPO Soon Despite Protests
    Bloomberg

    China AI Startup to File for Hong Kong IPO Soon Despite Protests

    (Bloomberg) -- Chinese artificial intelligence startup Megvii is filing documents soon for a Hong Kong initial public offering that could raise as much as $1 billion, people familiar with the matter said, proceeding despite a market downturn spurred by pro-democracy protests across the financial hub.The owner of facial-recognition platform Face++ plans to submit an IPO filing to the Hong Kong Stock Exchange as soon as Friday, one of the people said, asking not to be named because the matter is private. Megvii declined to comment.Megvii is moving forward even as other companies pump the brakes on their Hong Kong listing ambitions, wary of months of protests that have gripped the city. Alibaba Group Holding Ltd., a backer of Megvii’s, is among those that are gunning for a Hong Kong listing but have held back to gauge investors’ reception.Megvii’s offering may face particular challenges. It would be the first in a coterie of Chinese AI companies to go public, raising money that would help further China’s effort to lead the sector by 2030. Donald Trump’s administration has raised the alarm about China’s ambitions in technology, which may erode the interest of U.S. money managers in the country’s AI startups."It’s a bit political," said Mark Tanner, founder of Shanghai-based research and marketing company China Skinny. “Trump’s big concern is that China has the aspiration to be the leader in AI.”Megvii’s filing will kick off the formal process for an IPO, though it could be months before its actual debut. Megvii competes with SenseTime Group Ltd. -- also backed by Alibaba -- in facial and object recognition technology and Internet of Things software.The seven-year-old outfit now provides face-scanning systems to companies from iPhone-maker Foxconn Technology Group to Lenovo Group Ltd. and Ant Financial, the payments giant that supports Alibaba’s e-commerce business. Its facial recognition technology has provided verification services to more than 400 million people, Megvii said in a statement in January.Beyond commerce, the company is also building software for sensors and robots. And the Chinese government is a client: Megvii’s AI technology has been used by authorities in more than 260 cities and helped police arrest more than 10,000 people, it said in January. The company last raised $750 million in a Series D financing round in May from investors including China Group Investment, ICBC Asset Management (Global), Macquarie Group and a unit of the Abu Dhabi Investment Authority. Its other backers include Boyu Capital, Ant, SK Group, Foxconn, Qiming Venture Partners and Sinovation Ventures.Megvii could have a first mover’s advantage."IPOs have been pretty disappointing in the past few months, but since AI is a hot category at the moment it could gain more traction," said Tanner.(Adds analyst comment in the fifth paragraph.)To contact the reporter on this story: Lulu Yilun Chen in Hong Kong at ychen447@bloomberg.netTo contact the editors responsible for this story: Peter Elstrom at pelstrom@bloomberg.net, Edwin Chan, Vlad SavovFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Bloomberg

    E-commerce Upstart Pinduoduo Wants its Data Back From Alibaba

    (Bloomberg) -- For years, Pinduoduo Inc. had little clue about the whereabouts of millions of parcels delivered every day to its shoppers’ doorsteps. Now it’s finally getting ready to take back control of that valuable data -- from Alibaba.China’s No. 3 e-commerce platform has since its inception relied on much larger Alibaba Group Holding Ltd. and its Cainiao unit to track and handle some $70 billion of annual shipments, meaning its rival enjoyed an unparalleled overview of PDD’s nationwide activity and customers’ shopping habits. That’s finally changing thanks to PDD’s new in-house shipping information technology, said David Liu, Pinduoduo’s vice president of strategy.Beyond freeing itself from a dependence on its rival, PDD’s approach presents a threat to Alibaba’s dominance of Chinese e-commerce shipping data, mined by companies in industries from retail to healthcare for insights into consumer behavior. It’s a lead built starting back in 2014, when Cainiao pioneered a so-called e-waybill system that tracks goods via shipping labels, and that shares real-time locations. That innovation became the de facto standard, adopted by couriers from SF Express to ZTO and helping Alibaba’s own shopping sites operate more efficiently.“It’s key for us to grasp this data,” PDD’s Liu said in an interview after the company unveiled stronger-than-expected quarterly results. “All the third-party logistics companies have welcomed us as another platform that brings some checks and balances in the industry.”Read more: Ex-Google Engineer Builds $1.5 Billion Startup in 21 MonthsPinduoduo has grown to such a scale it wants to wrest back its own logistics data. The shopping app -- known for cheap deals and gamified experiences -- is luring new users from China’s rising middle-class. In June, customers from Tier 1 and 2 cities contributed almost half of Pinduoduo’s gross merchandise volume, or value of goods sold, up from 37% in January. On Wednesday, it reported a 169% leap in revenue for the June quarter, triggering a 15% share surge.PDD’s in-house system now hooks up and shares information, such as unique identifiers for individual products, between merchants, couriers and shoppers. In March, the Shanghai-based online retailer launched its own variant of Cainiao’s system and as of now, almost all orders generated on PDD’s platform -- an average of 40 million per day -- have migrated to the new system, Liu said.“For any e-commerce platform, logistics is a very important part of creating a good shopping experience,” said Shawn Yang, a Shenzhen-based analyst with Blue Lotus Capital. “Pinduoduo wants to provide cheap delivery and better service, otherwise Alibaba will have a huge edge over it.”Pinduoduo isn’t charging fees for its e-waybills for now. In the long run, Liu said, the company could monetize by helping merchants use Pinduoduo’s data to lower delivery costs. While Pinduoduo won’t build its own warehouses or fleet, it will invest in technologies like AI-powered routing to create an “asset-light” logistics network, PDD founder and chief executive Colin Huang told analysts on a conference call after announcing earnings.To contact the reporter on this story: Zheping Huang in Hong Kong at zhuang245@bloomberg.netTo contact the editors responsible for this story: Edwin Chan at echan273@bloomberg.net, Vlad SavovFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Salesforce Projects Revenue That Tops Analysts’ Estimates
    Bloomberg

    Salesforce Projects Revenue That Tops Analysts’ Estimates

    (Bloomberg) -- Salesforce.com Inc. gave a revenue forecast that topped Wall Street’s estimates, signaling the maker of cloud-based applications will continue to see rapid growth due to an expanding product lineup and its latest acquisitions.Revenue will be as much as $4.45 billion in the period ending in October, the San Francisco-based company said Thursday in a statement. Analysts projected $4.18 billion, according to data compiled by Bloomberg.Chief Executive Officers Marc Benioff and Keith Block have charted a new path for the market leader in software for managing customer relationships. This month, the company closed its biggest deal ever, buying Tableau Software Inc. for $15.3 billion and announced an agreement to acquire ClickSoftware Technologies Inc. for $1.35 billion. The Tableau purchase will take Salesforce into the analytics market and help it maintain a torrid pace of growth, even as the company turns 20 years old.Adjusted profit will be 65 cents a share to 66 cents a share in the current period, in line with analysts’ estimates. Salesforce also increased its annual revenue forecast to a range of $16.75 billion to $16.9 billion from $16.45 billion to $16.65 billion.“Their guidance for the year, which includes Tableau, came in above the Street’s expectations,” said Pat Walravens, an analyst at JMP Securities. “It’s looking pretty good.”Shares rose about 7% in extended trading after closing Thursday at $148.24 in New York. The stock has climbed 8.2% this year.Tableau will continue to be operated as a separate brand within Salesforce. When the company announced the acquisition, Benioff said that Seattle, where Tableau is based, will become the site of Salesforce’s second headquarters.In addition to deal-making, the software maker has expanded internationally in an effort to grow sales by more than 20% each quarter. Salesforce announced in July that it would partner with Alibaba Group Holding Ltd. to offer its cloud-based applications in China, even amid a trade war between that country and the U.S. Revenue from the Asia Pacific region increased 26% in the fiscal second quarter, the company said.Sales in the fiscal second quarter increased 22% to $4 billion. Analysts, on average, estimated $3.95 billion. Profit, excluding some items, was 66 cents a share, compared with analysts’ average projection of 47 cents.Daniel Elman, an analyst at Nucleus Research, said investors lowered their expectations leading into the quarter amid a general slowdown in the technology sector and concern that Tableau wouldn’t fold into the company smoothly.“One of the things they harp on about at their conferences is that they are able to keep growing at this pace,” Elman said. “They showed they are still able to perform and meet the benchmarks they set.”Revenue from Sales Cloud, the company’s flagship product, grew 13% to $1.1 billion in the quarter. The company leads the market for sales-tracking software.Service Cloud sales increased 22% to $1.1 billion. The software maker has relied more on this product for growth, taking advantage of businesses’ need for new tools to communicate with the customers.Net income was $91 million, or 11 cents a share, compared with $299 million, or 39 cents a share, a year earlier.(Updates with comments from analyst in the ninth paragraph)\--With assistance from Cecilia Esquivel.To contact the reporters on this story: Nico Grant in San Francisco at ngrant20@bloomberg.net;Olivia Carville in New York at ocarville1@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Andrew Pollack, Alistair BarrFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Baozun Is Getting Too Cheap to Ignore
    Motley Fool

    Baozun Is Getting Too Cheap to Ignore

    This Chinese e-commerce services provider still has plenty of room to run.

  • Fed Updates, Manufacturing Worries, Target Shines & Buy Alibaba Stock - Free Lunch
    Zacks

    Fed Updates, Manufacturing Worries, Target Shines & Buy Alibaba Stock - Free Lunch

    Fed and manufacturing news, retail updates, including Target's (TGT) impressive report, why Alibaba (BABA) is a Zacks Rank 1 (Strong Buy) stock, and more on this episode of Free Lunch here at Zacks.

  • Business Wire

    CORRECTING and REPLACING Alibaba’s Tmall to Open NYFW: The Shows with a Lineup Showcasing China’s Design Talent

    Alibaba Group’s Tmall, China’s premier B2C platform for brands and retailers, today announced its lineup of designers that will hit the runway at New York Fashion Week this September. The “Tmall China Cool” showcase will take place Wednesday, September 4th – the first day of NYFW: The Shows – and will feature a slate of Chinese designers including Peacebird, THREEGUN, RiZhuo as well as emerging designers SONGTA and i-am-chen. Tmall’s partnership with NYFW: The Shows aims to cultivate and showcase fashion talent and creative culture in China.

  • JD.com Stock Is a Risk that Long-Term Investors May Want to Take
    InvestorPlace

    JD.com Stock Is a Risk that Long-Term Investors May Want to Take

    The trade war between the United States and China has been problematic for both nations, but despite the potential for economic strife both Beijing and President Donald Trump's administration appear to be digging their heels in. The conflict between the U.S. and China has hurt investors, especially those with exposure to China.Source: Sundry Photography / Shutterstock.com However, if you're a Warren Buffett disciple then you're probably looking out for undervalued Chinese firms that have been hit by the trade tension. And JD.com (NASDAQ:JD) may be just that. What is JD.com?If you're an investor then it's unlikely that you haven't heard of JD stock. However what makes JD stand apart from its peers like Alibaba (NYSE:BABA) is the firm's business model. Unlike BABA, JD got its start as a first-party seller. The firm stocks its goods in self-owned warehouses and has made a name for itself by offering a quality customer experience. Initially, the firm concentrated on selling big-ticket items to wealthy customers, but has since expanded into a wide variety of goods. InvestorPlace - Stock Market News, Stock Advice & Trading TipsBeyond its massive physical footprint, JD also carries a lot of value in its logistics business. With both of those aspects on firm footing, the company recently started adding third-party sales. Now merchants can stock their goods in JD controlled warehouses and use JD's logistics arm to ship. Plus, JD is also wading into the digital advertising space which has helped expand margins significantly. * 10 Undervalued Stocks With Breakout Potential The reason it's so important to understand JD's development is because it underscores the fact that the firm is moving out of the grunt work and into the reward. Building out an extensive warehouse and logistics network is difficult and expensive, but now that those assets are in place, JD can start to capitalize on them.Digital advertising and third-party sales are far more profitable than first-party selling and that's where JD is heading. It's encouraging as an investor to see a company that's laying the groundwork and is only just beginning to reap the rewards of high-margin business. Growth Is on the HorizonJD.com's most recent earnings report spotlighted the company's growth potential. The firm delivered better-than-expected results in just about every way possible which helped boost the stock by 15% in the days that followed. Revenue growth was 23% and margins were significantly higher -- even when you account for one-time tax benefits. A year ago, I cautioned that JD stock was in for a rough ride whether the trade war dies down or not. Back then, I worried that the firm was having to spend big in order to deliver growth. I pointed out that spending in order to facilitate growth isn't necessarily a bad strategy, but that investors might want to wait until the firm begins to grow organically before jumping in with both feet.That moment appears to have arrived. Golden Opportunity for JD StockWhat makes JD unique is the fact that the firm essentially shouted from the rooftops that its strategy is starting to pay off when it released its quarterly results last week. Investors responded and pushed the stock up 15% but the profit-taking has already begun. After nearing $32 per share at the beginning of this week, JD stock looks likely to make its way back below $30 before the week is over. JD stock lost 2% on Wednesday as investors squirreled away their profits and worries about the trade war weighed on Chinese stocks.Of course, there are still concerns about an economic slowdown in China -- but it's worth noting that the sluggishness in the Chinese economy doesn't seem to be pressuring consumer spending much, which is good news for JD stock. The bottom line here is that JD stock's e-commerce platform is growing in a country where online shopping is on the rise and the middle class is growing. The firm has already put in the hard work of building out its warehouse footprint and logistics network -- making now an ideal time to jump on board. The only dark cloud hanging over JD.com right now is the U.S.-China trade war, which could cause some bumpiness in the near term.However if you're a long-term investor looking to buy while the market is fearful of Chinese stocks, JD stock should definitely be on your short list.As of this writing, Laura Hoy did not hold any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Marijuana Stocks That Could See 100% Gains, If Not More * 11 Stocks Under $10 to Buy Now * 6 China Stocks to Buy on the Dip The post JD.com Stock Is a Risk that Long-Term Investors May Want to Take appeared first on InvestorPlace.

  • Alibaba, Dillard's, Coca-Cola, McDonald's and Comcast highlighted as Zacks Bull and Bear of the Day
    Zacks

    Alibaba, Dillard's, Coca-Cola, McDonald's and Comcast highlighted as Zacks Bull and Bear of the Day

    Alibaba, Dillard's, Coca-Cola, McDonald's and Comcast highlighted as Zacks Bull and Bear of the Day

  • Don’t Bet on a Second Act for Salesforce Stock
    InvestorPlace

    Don’t Bet on a Second Act for Salesforce Stock

    Back in October of last year, I wrote about worrying signs regarding certain growth stocks. And I had put cloud services company Salesforce (NYSE:CRM) on that list. At the time, I wrote that in the longer-term picture, CRM stock benefited from multiple tailwinds. These included increasing trends toward the cloud and digitalization overall.Source: Bjorn Bakstad / Shutterstock.com However, I was calling things as I saw them, not how I wanted them to be. Therefore, I noted that Salesforce stock produced an incredibly ugly chart. Essentially, the price action was sandwiched between the 50-day moving average at the top, and the 200-day moving average below. Under normal circumstances, this is a strong technical signal to get out.Adding to that point, this was when the U.S.-China trade war started to gain traction. So with geopolitical uncertainty and an ugly price chart for CRM stock, the choice was obvious. And while the resultant moves were incredibly choppy due to the "will they, won't they" trade war drama, Salesforce stock dipped in both November and December.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSure enough, we're back at it again.I supposed you would call the current juncture "trade war 2.0." Whatever it is, it's nasty. With neither side wanting to give an inch, we've only seen an escalation in rhetoric and actions. Of course, the Dow Jones Industrial Average incurred a significant drop, while CRM stock took a scary spill weeks earlier.Over the past few sessions, Salesforce stock has crept upward. But like late last year, CRM is in an ugly position, this time below both the 50- and 200-day moving averages. How then should investors respond? Fundamental Risks Cloud CRM StockNaturally, a contrarian viewpoint exists here. When I wrote about my concerns for Salesforce stock last year, I suggested that investors shouldn't stay negative for too long due to the positive fundamentals. As you know from hindsight, CRM did indeed come back strong. * 10 Marijuana Stocks to Ride High on the Farm Bill Therefore, some might assume that CRM stock will pull off a repeat performance. Even though we see some trading activity that suggests shares will decisively fly higher, I have my reservations.At this stage, I'm now concerned about the fundamentals. First, Salesforce has been making aggressive moves lately in terms of acquisitions and partnerships. One of those is a joining of forces with Chinese internet and e-commerce giant Alibaba (NYSE:BABA).I'm going to set aside the fact that this relationship is occurring at a politically awkward time. Instead, let me focus on why they secured a partnership: Alibaba lacks small- and medium-sized business coverage, while Salesforce wants to expand into China and the broader Asian market.On paper, this partnership should boost CRM stock. Instead, the announcement was made right before shares tumbled badly. And I'm not sure if we'll see a recovery like we did earlier this year.This brings me to my second point. The trade war has terrible implications for Salesforce stock. Obviously, management's ambitions for China must now be kept in check. Admittedly, though, the Asian market only represents 10% of Salesforce's total revenue.But the trade war isn't just about China. If you look at what's going on in Germany, they're about to fall into a recession. As the European Union's powerhouse member, that will have a negative ripple effect on CRM stock. The company gets 20% of its top-line sales from Europe. Risks Also Abound at HomeTaking a sizable hit to 30% of your total revenue stream doesn't do you any favors. However, CRM stock is very much an American investment in that it generates the most revenue on this hemisphere. Thus, the remaining 70% should help buffer the storm, right?I'll concede that this is a valid counterargument. However, the worry is that Salesforce is stretching itself too thin with its acquisitiveness. But the biggest concern is how small- and medium-sized businesses here at home can ride a possible recession.To no one's surprise, small businesses suffer bankruptcies at a higher rate than larger firms during economic downturns. I'm not tying to belabor you with the obvious. Instead, I want to emphasize that Salesforce has a significant revenue channel with the small business community.If that goes, then we're talking about three revenue channel disruptions: China, Europe and American small businesses. I don't think anyone doubts that Salesforce stock can overcome modest challenges. But the current environment suggests something much bigger, which means you should probably head for the sidelines.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Marijuana Stocks to Ride High on the Farm Bill * 8 Biotech Stocks to Watch After the Q2 Earnings Season * 7 Unusual, Growth-Oriented REITs to Buy for Your Portfolio The post Dona€™t Bet on a Second Act for Salesforce Stock appeared first on InvestorPlace.

  • Benzinga

    Reports: Alibaba Delays Hong Kong IPO Plans

    Alibaba was reportedly interested in raising up to $20 billion through listing its stock in Hong Kong. A decision to scrap its Hong Kong IPO was completed in the past few days and approved by the board. Mainland Chinese citizens are able to buy shares of companies listed on Hong Kong's exchange and Alibaba's filing would open itself to new investors and potentially a higher valuation.

  • E-Commerce Gathers Steam in India: AMZN, WMT, BABA in Focus
    Zacks

    E-Commerce Gathers Steam in India: AMZN, WMT, BABA in Focus

    India's e-commerce market is rapidly growing and becoming competitive with players striving to gain an edge.

  • Bull of the Day: Alibaba (BABA)
    Zacks

    Bull of the Day: Alibaba (BABA)

    Bull of the Day: Alibaba (BABA)

  • Barclays Analyst Weighs in on 3 Chinese eCommerce Stocks
    TipRanks

    Barclays Analyst Weighs in on 3 Chinese eCommerce Stocks

    It’s no secret that the Chinese eCommerce segment has developed into a burgeoning market. According to a recent Barclays report from analyst Gregory Zhao, the country’s large population and increasing disposable incomes suggest that its current penetration rate of 24% only stands to rise. Amid this backdrop, a new era of eCommerce is being ushered in. Zhao deems the resulting market structure a “three-kingdom phase”. “Competition has become less about user traffic, with the focus now turning to the evolution of ecosystems, with value added services like payment, logistics, media content, marketing solutions, and offline retail integration. Based on this, Alibaba is still our preferred name in the space,” he stated. In the report, the 1.5-star analyst provides his take on Alibaba (BABA) and 2 other Chinese eCommerce Stocks.Let’s take a closer look at what the analyst had to say about each. JD.com Inc. (JD)JD has managed to pull off quite the turnaround. The company has demonstrated significant margin improvement in its last few quarters thanks to an investment in expanding its geographic operations and optimizing warehouse logistics with robotics. While this investment had a negative impact on margins in the short-term, JD is now on the right track with margins expanding by 60 bps in Q2 vs 20 bps in the previous quarter. Revenue growth has also stabilized, with it gaining 23% from the prior-year quarter. Not to mention JD is starting to embrace the team-buy model and prioritize its direct access to users on WeChat to acquire long-tail users, in order to combat the slower user growth it saw in the second half of 2018. Zhao notes that this should benefit ads and commission revenue growth on its marketplace. That being said, the eCommerce company still has a long way to go. “While new initiatives such as logistics and tech services provide another avenue for growth, we think the above positives have been fairly reflected in the consensus and stock price during the re-rating post 2Q earnings. In addition, while JD focuses on the retail market, it may miss some significant opportunities such as in Cloud and payment,” Zhao explained. As a result, the analyst initiated coverage with a Hold and set a $36 price target on August 19. His price target suggests shares could gain 15% over the next twelve months, with the stock already up 4% in the last five days. The rest of the Street takes a slightly more optimistic stance on JD. It has a ‘Moderate Buy’ analyst consensus and a $37 average price target, implying 21% upside potential. Pinduoduo Inc. (PDD) This Chinese eCommerce stock has made substantial headway in its efforts to gain market share with its unique team-buy social-eCommerce marketplace model. Its platform allows users to share product information on social media networks like WeChat and QQ as well as form shopping teams to get a lower prices on their purchases.“We prefer PDD to JD, in addition to PDD's better use of social network resources, we view a larger monetization potential during its move toward high-end markets,” Zhao noted.This strategy appears to be paying off for PDD. According to its August 21 Q2 earnings release, monthly active users rose by 88% from the year-ago quarter to reach 366 million. Management attributed this growth to company’s user-first strategy as well as its shopping festival campaign. The company also highlighted the fact that customers have been impressed with PDD’s move up to large-ticket items, its effort to improve the brand image and stock keeping unit expansion into branded products.However, it should be noted that PDD reported operating loss more than doubled to RMB1.5 billion ($212.4 million) compared to RMB6.6 million ($934,500) in the prior-year quarter. Even with this loss, the Barclays analyst believes PDD’s strategy will drive sustainable long-term growth. “While the Street is concerned about PDD's profitability in intensive marketing, we regard this investment as necessary at the current stage. In the long run, we expect upside in its ARPU and take rate during its expansion into the high-end market, along with an improving margin profile,” Zhao explained. Based on all of the above factors, he initiated coverage with a Buy and set a $32 price target on August 19. The analyst believes share prices could surge 6% over the next twelve months. This is on top of the 28% growth the company has seen over the last five days.All in all, the consensus among analysts is that PDD is a ‘Moderate Buy’. Its $27 price target suggests 11% downside. Alibaba Group (BABA) It’s easy to see why the last stock on our list is widely considered to be the China equivalent of eBay (EBAY) and Amazon (AMZN). With 55% market share, Alibaba has cemented itself as the top player in the space.BABA’s “new retail” strategy centers around combining the best of both online and offline commerce to provide a shopping experience for the customer. The company creates this experience through three main eCommerce sites: Alibaba.com, its international trade site, Taobao, a Chinese online shopping website and Tmall, a Chinese-language website for business-to-consumer online retail. So far, investors like what they see. On August 15, BABA reported revenue of RMB114.9 billion ($16.7 billion) or a 42% year-over-year gain. Adding to the good news, user acquisition programs which deepened its penetration into less developed areas drove a 20 million increase in annual active users. By no means is the company stopping there. BABA’s cloud products alone generated RMB7.8 billion ($1.1 billion) in quarterly revenue, up 66% year-over-year thanks to the launch of over 300 new products and features in Q2. The company is also expanding its product offerings to include digital payments, online entertainment and food delivery.Based on all of these positive developments, Zhao points to BABA as most poised to outperform. “Alibaba is still our preferred name in the space, given its top market position, attractive valuation and monetization perspective,” he explained. As a result, he reiterated his Buy rating and $225 price target. With shares already climbing 8% in the last five days, the analyst sees even more upside as his price target suggests 28% upside. Wall Street mirrors Zhao’s sentiment, with the consensus among analysts being that BABA is a ‘Strong Buy’. Its $224 average price target suggests 28% upside potential.