Is Alibaba a buy or sell in November?

Invezz

Published

Alibaba (NYSE: BABA) shares have advanced from $266 above $310 in less than several weeks and the current price stands around $309. Fundamental analysis: Alibaba continues to dominate the Chinese e-commerce market Alibaba Group Holding Limited is a Chinese multinational technology conglomerate specializing in e-commerce as the online commerce company with hundreds of millions of users on its Taobao, Tmall and Alibaba.com marketplaces. The current price uptrend of Alibaba which began in early 2019 is still intact and this stock could reach $400 by the end of November according to analysts. Even with the COVID-19 pandemic, the business of Alibaba

Full Article