model23.com reiterates BUY call on Alibaba (BABA)

in #investing7 years ago (edited)

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Model23.com reiterates buy call on Alibaba, with the intent of holding for 1 year or longer. Alibaba is up almost 20% since model23’s first buy call on Alibaba on July 11th, 2017. There is much more where that came from ...

Alibaba has a larger upside and a much lower valuation than Amazon.

https://www.forbes.com/sites/kenkam/2017/09/28/3-stocks-like-apple-was-10-years-ago-tesla-nvidia-and-alibaba/#2df6d3eb2f0f

Alibaba can deliver high levels of growth for the next few years which should allow the bullish momentum to continue for its stock

https://seekingalpha.com/article/4110455-alibaba-investing-future-growth

Alibaba’s ever-increasing significance quickly usurping many of the areas where Google leads outside of China. Here are seven of the reasons why:

https://www.forbes.com/sites/tannermark/2017/09/27/alibaba-china-google/#a7fd1507e3e9

Alibaba is much more than just China's e-commerce platform. Alibaba has more than 500 million people using its shopping apps every month and its scale is vastly expanding beyond China. It has operations in more than 200 countries.

https://www.cnbc.com/2017/09/22/alibaba-is-much-more-than-just-chinas-e-commerce-platform.html

https://finance.yahoo.com/quote/BABA?p=BABA

If you’re not already in it, BABA is in a great technical setup to initiate a position:

http://stockcharts.com/h-sc/ui?s=BABA&p=D&yr=0&mn=6&dy=0&id=p91523735442