Saturday, September 27, 2014

Alibaba Intermediate Term Price Target

For purposes of Alibaba stock, I am going to call intermediate term six months.  I am setting a $110 price target within six months,to add to the $120 price target within 12 months.  Time will tell, but I think the company has unheard of gross margins and will present whopping growth in the coming quarters.

No comments:

Post a Comment