Alibaba Group Holding Limited : Good timing to anticipate a continuation of the trend
Entry price | Target | Stop-loss | Potential |
---|
$205.65 |
$229.5 |
$193.4 |
+11.6% |
---|
Shares in Alibaba Group Holding show a positive technical chart pattern over the medium term. The timing to jump back on the rising trend seems good.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
Strengths● Analysts expect a sharply increasing business volume for the group, with high growth rates in the coming years.
● The group's activity appears highly profitable thanks to its outperforming net margins.
● Thanks to a sound financial situation, the firm has significant leeway for investment.
● The group usually releases upbeat results with huge surprise rates.
● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Weaknesses● Stock prices approach a strong long-term resistance in weekly data at USD 227.43.
● The company's "enterprise value to sales" ratio is among the highest in the world.
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