Alibaba Group Holding Ltd (BABA)
$75.40
0.40 (0.53%)
Don’t Buy the Dip: Alibaba Stock Could Go Lower
Valuation may look reasonable compared to Amazon. But considering past P/E ratios, shares could easily fall back below $170/share. Add in the risk of impacted growth. Top it off with US-China trade tensions flaring up again. Alibaba stock could easily wind up back to where it was in the middle of 2019.
Top 5 Stocks for 2024
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Louis Navellier's Total Grade
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Louis Navellier's Total Grade
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Louis Navellier's Total Grade
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Fundamental Grade
Quantitative Grade
- Sales Growth ?
- Operating Margin Growth ?
- Earnings Growth ?
- Earnings Momentum ?
- Earnings Surprises ?
- Analyst Earnings Revisions ?
- Cash Flow ?
- Return on Equity ?
Previous Close
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Market Cap
3.11B
PE Ratio
-3,770.00
EPS
-0.02
Volume (Avg. Vol.)
8.16M
Day's Range
$75.13 - $76.22
52-Week Range
$66.63 - $102.50
Dividend & Yield
N/A (N/A)