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Alibaba | Fundamental AnalysisThe previous several years have been petty tough for e-commerce giant Alibaba Group, to say the least. After peaking amid the coronavirus pandemic, the company lost nearly 80% of its value over the next two years. Since then, the company has rallied, up 78% from its October 2022 low, but still a far cry from the levels that preceded the COVID-19 pandemic. Needless to say, these have been challenging times for Alibaba and its investors. And while the company still has a considerable way to go and overcome challenges, here are a few reasons to be optimistic about Alibaba stock. China begins to roll back quarantine restrictions China's anti-COVID-19 policies have undoubtedly hurt Alibaba. The ban has negatively impacted China's overall economic activity, and taking into account Alibaba's size and how entrenched it is in the Chinese economy (which is the second largest in the world), it has had a direct impact on the company. In addition to people spending less during store closures in China, this policy has also hurt Alibaba's logistics network, particularly due to road and highway closures. All of this led to the company's first-ever low YoY revenue growth in June 2022. But there should be brighter days ahead. No one can say for sure when China will fully open its doors, but some parts of the country have begun to take steps in that direction in December last year. If the situation is similar to the U.S., a reopening in China could boost economic growth with the help of improved spending and household consumption. Alibaba should benefit from this. Cloud business growth Cloud infrastructure and services are becoming an important part of any business that uses the Internet for its operations. In Q3 of 2022 alone, global spending on cloud infrastructure services rose to $57 billion, bringing total spending in the past 12 months to $217 billion. With a 5% market share, Alibaba Cloud lags behind market leaders Amazon Web Services, Microsoft Azure, and Alphabet Google Cloud (34%, 21%, and 11%, respectively), but the trend is there. For the quarter that ended Sept. 30, 2022, Alibaba Cloud revenue grew 4% YoY to more than $2.9 billion, driven by public cloud growth. More encouraging, however, should be the growth in Alibaba Cloud's non-Internet Industry (NII) customers. The number of NII customers grew 20 percent year over year to 58 percent of total cloud revenue. These strong results were achieved at the expense of government services, telecommunications companies, and financial services. Cloud services are integral to all three of these areas, which could lead to long-term recurring revenue for Alibaba. The global cloud computing market is projected to reach more than $1.7 trillion by 2029, at an average annual growth rate of just under 20 percent. Even if Alibaba Cloud can't make the top three in market share, it will have plenty of room for success as it expands the overall pie. Jack Ma's departure from Ant Group No one was surprised when Jack Ma, Alibaba's founder, announced he was stepping down as chairman. Although Ma had led Alibaba's development and triumph, his departure did not affect the company too much because the leadership was already in new hands. However, many were shocked when Ma announced that he was giving up control of fintech giant Ant Group, in which Alibaba has a 33% stake. Ant Group was scheduled to go public in November 2020 with a capitalization of about $37 billion, but the stock was canceled at the last minute largely because of regulatory scrutiny. With Ma no longer controlling Ant Group, the likelihood that the company could restart its initial public offering (IPO) process has increased significantly, though it likely won't be smooth. Ant Group's IPO could bring Alibaba a large cash infusion that could be used as China's quarantine restrictions ease.
NYSE:BABALong
by FOREXN1
9
Cup and HandleLooks like a cup is forming. There is a gap below price. Earnings 2-23 BMO and analysts have estimated earnings to be over last quarter's numbers so the numbers are not soft. No recommendation. This is not to long entry level (EL). It can be important to wait for this level if you do not already own the stock. There is also a symmetrical triangle and targets are in white type with T1 in larger type (T1 has been met) than T2 and so on. In order to reach T2 of the triangle, BABA will have to break the cup resistance.
NYSE:BABA
by lauralea
6
BABA Breaking out!! Wait for pullback !BABA has broken out and currently retesting the RESISTANCE ZONE @ 120 - 140 We can expect at least a slight pullback from here as Price action has been overly bullish the past few days + MACD is in severely overbought condition We are expecting a soon to be GOLDEN CROSS with 50 MA crossing 200 MA We also see a massive spike in the ADX implying a very strong ongoing trend for the BULLS Those who do not have positions yet can look to ENTER/LONG along the: 100 - 110 USD zone Personally I will not set stop losses here as Im expecting to hold BABA for long Fundamentally, China domestic demand is growing massively with a massive middle class. BABA also has a huge economic moat along with Jack Ma relinquishing his position on the board and staying low, BABA's days of billion dollar fines might be over.
NYSE:BABALong
by Gold_D_Roger
IS ALIBABA REALLY UNDERVALUED STOCK?Billionaire Ryan Cohen is reported to have built a huge stake in Alibaba which worth hundreds of millions of dollars and now pushing for the share buybacks. Alibaba Group on the other hand had spent $18 billion repurchasing its own shares in the third quarter of 2022 and was aiming to buy back $40 billion worth of shares in total, with the plan lasting until May 2025. With the recent investment in cloud computing the company is poised for strong growth in the future. PEG stands at 1.66 and ecommerce growth estimated $3 trillion by 2024, some analysts already suggesting better performance of the stock in near future. However, risk of growth lies with both local and international competitors including Amazon, Pinduodu & JD. N.B! - USOIL price might not follow drawn lines . Actual price movement may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #alibaba #baba
NYSE:BABALong
by BullBearMkt
2
BABA stock is breaking out the down trend channelIn my personal opinion I am very Bullish in NYSE:BABA stock for many reasons The Main reason is the financial Numbers are very good and it is considered one of the cheapest stocks in the World now So it is a good chance to buy more shares with such low price In TA view it has already broke out the Parallel Down trend channel on an Important Support zone On daily time frame and it has retested the support zone and price started to go up. My Entry zone is between 89 - 92 and the mid term ( 4-8 months ) target is 135 What Do you think about NYSE:BABA in the coming days
NYSE:BABALong
by MhAlbeloshi
2