Key PointsA group of mega investors has just found a value play inside one of China's biggest companies; the macro perspective checks out why the decision was made.Recent earnings results for Alibaba may not fully reflect how valuable this business is today. Analysts understand this, and markets are on board with valuing this stock exactly where it should be.5 stocks we like better than Alibaba GroupTaking the pulse of the market can be an impossible task at times. However, some things never change in how t ...

In this articleBABAThe logo of the Alibaba office building is seen in the Huangpu District in Shanghai, June 16, 2023.Costfoto | Nurphoto | Getty ImagesChinese tech giant Alibaba Group is betting on its overseas businesses while domestic consumption growth remains sluggish.One bright spot in Alibaba's latest earnings report was its international e-commerce business unit, which posted revenue of 28.5 billion Chinese yuan ($4 billion) in the December quarter, up 44% from a year ago. Alibaba International Digi ...

Robert WayAlibaba Group Holding Limited (NYSE:BABA) is continuing to struggle and investors in Alibaba certainly have a difficult time and hardly anything to be optimistic about. The stock is once again close to the all-time lows set in late 2022 around $58. Data by YChartsMy last bullish article about Alibaba was published in November 2023 and since then, the stock declined another 8% in value. And while the pain for investors is continuing, I will once again renew my bullish thesis. In the following a ...

Given his generally bearish attitude and ability to see movements few others can, most dramatically demonstrated with ‘The Big Short’ in the context of the 2008 crash, new 13-F filings by Michael Burry and Scion Asset Management are always exciting to see. The previous record, for example, revealed a $4.3 million bet on the Chinese technology giant Alibaba (NYSE: BABA), a wager against the semiconductor industry in the middle of the artificial intelligence (AI) boom, but also a highly lucrative investment i ...

David Tepper’s Appaloosa hedge fund took new stakes in Oracle Corp. and General Motors Co., to name a few, and increased its holdings in Alibaba Group and Microsoft Corp., among other moves, according to a filing with the Securities and Exchange Commission late Wednesday. Appaloosa increased its stake in Alibaba BABA by about 20%, ending the December quarter with 4.35 million shares, and increased its Microsoft MSFT holdings by about 4%, with 1.7 million shares. It also slightly increased its Amazon.com Inc ...

Alibaba (BABA) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this online retailer have returned +1.8%, compared to the Zacks S&P 500 composite's +5.1% change. During this period, the Zacks Internet - Commerce industry, which Alibaba falls in, has gained 7.5%. The key question now is: What could be the stock's future direction?Althou ...

Alibaba's (BABA 1.75%) stock price sank 6% on Feb. 7 after the Chinese e-commerce and cloud leader posted its latest earnings report. For the third quarter of fiscal 2024, which ended on Dec. 31, its revenue rose 5% year over year to 260.35 billion yuan ($36.67 billion) and beat analysts' estimates by $270 million. Its adjusted earnings per ADS dipped 2% to $2.67 but cleared the consensus forecast by $0.03 per share.Alibaba's headline numbers weren't disastrous, but it's still struggling to revive its core ...

Alibaba Group Holding Limited (BABA) reported third-quarter fiscal 2024 non-GAAP earnings of $2.67 per ADS (RMB 18.97), which missed the Zacks Consensus Estimate by 2.2%. The figure decreased 2% from the year-ago quarter’s reported figure in RMB terms.Revenues of RMB 260.35 billion ($36.7 billion) rose 5% from the year-ago quarter. However, the top line missed the Zacks Consensus Estimate of $37.2 billion.The top-line increase was driven by solid momentum across the international commerce retail business. S ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Alibaba (BABA) .Alibaba currently has an average brokerage recommendation ...

Jack Ma Trying To Find A New Bull Market In China Chesnot/Getty Images News On our last coverage of Alibaba Group Holdings Limited. (NYSE:BABA) we told you how the growth stock had morphed into a value play. While the temptation was strong, we stayed with a "hold" rating and did not buy. Our chief concern was the imploding housing bubble. We think this being the largest bubble known to man, the fallout will span at least a decade as assets get repriced to consumer income. Retail sales remain vulnerable in ...