Previous close | 15.94 |
Open | 16.08 |
Bid | 16.13 x N/A |
Ask | 16.11 x N/A |
Day's range | 15.93 - 16.53 |
52-week range | 11.79 - 17.62 |
Volume | |
Avg. volume | 215,521 |
Market cap | 8.831T |
Beta (5Y monthly) | 0.44 |
PE ratio (TTM) | 162.00 |
EPS (TTM) | 0.10 |
Earnings date | 08 Aug 2024 - 12 Aug 2024 |
Forward dividend & yield | 0.30 (1.91%) |
Ex-dividend date | 12 June 2024 |
1y target est | N/A |
The major indexes set all-time highs while many leading stocks flashed buy signals. Walmart and Asian e-commerce giants rallied on earnings.
While Alibaba and other Chinese names could have more near-term upside, don’t expect continued outperformance, says James Reilly, an analyst at Capital Economics,.
According to the average brokerage recommendation (ABR), one should invest in Alibaba (BABA). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?