BABA Stock Forecast: Alibaba Still Deserves A Price Target of $240

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary:

  • Alibaba will do its earnings report on May 20. I do not think current market emotions will deliver my old 90-day price target of $240 by that date.
  • Lingering doubts about China’s honesty over its COVID-19 victory means most investors doubt there is an actual strong rebound in that country’s e-commerce industry.
  • This distrust is bad because 90% of Alibaba’s e-commerce revenue comes from China. Misplaced skepticism means BABA will trade sideways until May 20.
  • My view is that online sales are surging in China as it is in COVID-19 affected Europe and United States. Alibaba is the intermediary that connects China suppliers to B2C retailers.
  • Don’t lose hope. Alibaba’s stock still deserves a one-year price target of $240. The global fear over COVID-19 further fortifies the importance of online shopping.

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Alibaba Stock Price Prediction: Why Alibaba Deserves A Price Target of $240

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary:

  • Alibaba’s stock price is now 26.7% higher than when I made my September buy recommendation. I still see BABA rising to beyond $240 within the next 90 days.
  • Alibaba will report its Q3 2020 numbers today. I expect it again to beat EPS and revenue estimates.
  • If Alibaba reports beats on revenue and EPS estimates, the stock will likely rally to above $230 this month.
  • Amazon’s retreat from China will only accelerate Alibaba’s growth.
  • Coronavirus has no long-term effect on Alibaba Even if there’s a delay in production and delivery, Alibaba’s e-commerce goods will still get paid upfront.

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BABA Stock Forecast: Why Alibaba Remains An Attractive Investment

motek 1This BABA stock forecast article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary:

  • Alibaba’s $2 billion purchase of Kaola further fortifiee its lead in China’s growing e-commerce.
  • Kaola is China’s leading B2C shopping portal where Chinese customers purchase imported American and European-made luxury products.
  • The push to cater more to the rich is a good reason to go long BABA. Recession or not, the rich can still buy anything they want.
  • Alibaba is a buy because it remains dominant in China’s $723.1 billion/year retail e-commerce. This market will grow to $1.095 trillion by 2023.
  • I Know First has a bullish one-year algorithmic score for BABA. Going long on this stock right now is the right thing to do.

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Week #33, 2019: Earnings Calendar

earnings calendar

AI Revolution In Finance: Global Investment In AI Fintech Fuels The Flame

I Know First Research Team LogoThis article was written by the I Know First Research Team.

Summary:

  • AI is one of the hottest areas for investors around the globe.
  • Teaming up with versatile startups helps giants foster growth through new tech and solutions.
  • I Know First has a stake in the process as an ambitious startup on a mission to democratie AI for all.

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Week #20, 2019: Earnings Calendar

BABA Stock Forecast: Alibaba Cloud Is Winning In The Asia Pacific

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary:

  • I reiterate my February 13 buy rating for Alibaba. Alibaba is emerging as a potent rival of Amazon Web Services (AWS) and Microsoft Azure.
  • As per Gartner, Alibaba Cloud was no. 1 in the Asia Pacific with 19.6% market share. This is greater than AWS’ 11% and Azure’s 8% market shares.
  • The Belt and Road program of China will accelerate Alibaba Cloud’s growth. Developing countries needing Chinese loans will embrace Alibaba Cloud.
  • Like it is in the Philippines, Chinese government’s loans comes bundled with multi-billion deals involving Chinese companies.
  • As of Q4 2018, Alibaba Cloud is ranked no. 5 global cloud infrastructure services. It has around 1 million paying customers.
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