Alibaba Stock Has 19% Upside, According to 1 Wall Street Analyst

The massive Chinese tech company is ramping up spending on its own shares.Sprawling Chinese tech company Alibaba Group (BABA -0.40%) hasn't been all that mighty on the U.S. stock market of late. The company's stock has underperformed market indexes significantly and continues to suffer as the market shows a lack of interest in Chinese titles.That presents an opportunity to buy it at a discount, in the view of a Morgan Stanley pundit. While he's not exactly bullish on the company, he does feel its share pric ...