Alibaba Stock Rises 28% in 6 Months: Hold Tight or Time to Let Go?

Key Takeaways Alibaba shares rose 28% in six months despite a 71% drop in non-GAAP EPS and 78% EBITDA plunge.BABA's AI push lifted cloud revenues 34%, but costs and subsidies crushed margins and profits.BABA trades at 2.29X forward sales vs. 1.84X industry as profits slide and competition intensifies.Alibaba (BABA) shares have surged 28% in the past six-month period, outperforming the Zacks Internet – Commerce industry and the Zacks Retail-Wholesale sector. While the rally has rewarded shareholders, a close ...