Alibaba: Buy The Pullback (Rating Upgrade)

When I last wrote about Alibaba (NYSE: BABA ) on May 15th with “ Alibaba: Dead Money Continues to Disappoint ”, the stock was caught in a long-lasting sideways trading range that had followedAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I ...