Long-Term Investors' Favorite, Alibaba!

  Long-Term Investors' Favorite, Alibaba! Alibaba (BABA) stock has been following a tough course in recent months. The giant retail company, which fell by about 50 % from its $ 320 peak at the end of last year, caused many investors to be confused. Ant Financial (Alibaba) subsidiary announced that its highly anticipated IPO was postponed and restructuring pressures caused significant losses to its investors. However, there is a reason why many investors are buying on this decline. It's worth examining what Alibaba is doing and why this current price is currently attracting long-term growth investors.

Alibaba's Growth Is A Very Attractive Business Model For Investors!

E-Commerce is where many investors want to invest in the long term, and Alibaba 9988 (HKG) HK$207,20 +4,20 (+%2,07) is also called Amazon of China  AMZN (NASDAQ) $3.512,70 +7,26 (+%0,21) due to its core business. Investors hoping they can finally match Amazon's dominating performance now have plenty of reasons to like this stock. After all, Alibaba is currently trading well below its American counterpart in value terms. Perhaps for a smarter comparison, it would be more appropriate to refer to Alibaba as China's Amazon, PayPal (PYPL), and Ebay (EBAY). It's actually quite difficult to understand how big Alibaba really is.

Alibaba (BABA) stock has been following a tough course in recent months. The giant retail company, which fell by about 50 % from its $ 320 peak at the end of last year, caused many investors to be confused.

In the Chinese market, Alibaba is an absolute giant!

What Do Analysts Say About BABA Stock?

Analyst price targets range from a low of $270,00 per share to a high of $350,00 per share, while the average Alibaba price target is $301,60.

Conclusion

Alibaba's recent troubles are certainly noteworthy and have caused great concern among investors. Regardless, investors can be well rewarded by the long-term upside BABA stock. Earlier this year, it was reported that Charlie Munger, a long-term buy-and-hold value investor, recently purchased a major stake in Alibaba through the Daily Journal Corp (DJCO). He is known to only buy company shares that he thinks have tremendous value and long-term growth prospects. In fact, his acquisition is a great source of trust for those holding Alibaba. Most of the market's concerns about Alibaba are valid in the short term, but long-term investors could be successful if they buy this stock.  

Source: https://www.tipranks.com

 

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