Bull of the Day: Alibaba (BABA)

Group 1 - The market experienced a significant sell-off due to large retaliatory tariffs against nearly every US trading partner, with China being a central focus [1] - Alibaba has shown strong performance at the beginning of the year, despite the market downturn, and has retraced to strong technical support levels [1][4] - The company operates through seven segments, including China Commerce, International Commerce, and Cloud services, among others [2] Group 2 - Analysts have increased their earnings estimates for Alibaba, leading to a rise in the Zacks Consensus Estimate for the current year from $8.72 to $8.80 and next year from $10.24 to $10.83 [3] - Current year earnings growth is projected at 2.09%, while next year's growth is expected to be 23%, supported by revenue growth of 5.97% this year and 6.55% next year [4] - The recent resurgence in Alibaba's stock price can be attributed to these positive earnings estimate revisions, with the stock recovering from a low of $129 after a pullback [4]