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.


  • 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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Quick Win by the Algorithm: Ltd (NASDAQ: WIX) Starts the Last Month of Q1 2018 with 27.58% In 14 Days

Quick Win by the Algorithm



“Continued improvements to our product offering and successful execution of marketing campaigns drove robust financial results this quarter, closing out a strong year,”

– Avishai Abrahami, Co-founder and CEO of Wix, press release of FY17 results, February 14th, 2018.

Over the past two weeks Ltd (NASDAQ: WIX) stock price jumped by 27.58% from $63.85 to $76.80 per share, outperforming the industry’s index (NASDAQ) by some 23% during this period. Wix’s bullish stock performance followed the company’s press release of the results for Q4 2017 with the following highlights:

  • 2017 financial results are released – 2017 revenue of $425.6 million, up 47% y/y and free cash flow of $70.7 million, up 95% y/y
  • Strategic business partnership expansion with Google Cloud
  • Wix Code official launch

Based on the above, one can see that the company experienced significant boost in revenue and strengthen its main product capabilities with strong alliance with Google. In addition to that, the fact that the functionality of the main product is going to be significantly improved by introduction of Wix Code shows shift in the degree of website customization opportunities for the existing and potential customers of the company. The latest Yahoo Finance data supports that positive outlook and shows that 11 out of 17 analysts took the buy position with regards to Wix’s stock.

WIX performance

[Source: Yahoo Finance]

On February 11th, 2018, I Know First issued a bullish 14 days forecast for Wix’s stock. the forecast illustrated a signal of 11.45 and a predictability of 0.35. In accordance with the forecast, Wix’s stock returned 27.58% over this period, highlighting the accuracy of the prediction produced by the I Know First algorithm.

WIX forecast

On February 20th, 2018, I Know First also published a premium article on Wix stock performance expectations for 2018. The financial analysis of the company provides deeper understanding of some fundamental performance drivers which we expect to contribute to the overall bullish behavior of Wix share price. The results of the analysis are in line with the I Know First’ algorithm prediction on that date.

Current I Know First subscribers received this bullish WIX forecast on February 11th, 2018.

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Overview of the Company

Wix is leading the way with a cloud-based development platform for over 122 million registered users worldwide. Wix was founded on the belief that the Internet should be accessible to everyone to develop, create and contribute. Through free and premium subscriptions, Wix empowers millions of businesses, organizations, artists, and individuals to take their businesses, brands and workflow online. The Wix Editor, Wix ADI, a highly curated App Market, and Wix Code enable users to build and manage a fully integrated and dynamic digital presence. Wix’s headquarters are in Tel Aviv with offices in Be’er Sheva, Berlin, Dnipro, Kiev, Los Angeles, Miami, New York, San Francisco