Wednesday, November 1, 2017

Use Alibaba Group Holding Ltd For a 300% Return on Earnings & Singles Day

Use Alibaba Group Holding Ltd For a 300% Return on Earnings & Singles DayWith sales growth projected to top 49% next year, and average nearly that through the end of this year, Alibaba Group Holding Ltd (NYSE:BABA) should be trading north of $200 by now. Lamentations about geopolitical woes and an overvalued U.S. stock market aside, Alibaba bulls are in for a treat this November. The first such event occurs this Thursday morning, when Alibaba will step up to release its fiscal second-quarter earnings report.




from Yahoo Finance http://ift.tt/2yjIjFu

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