Tuesday, October 14, 2014

Alibaba Reaches Intraday 52 Week Low of $83.22 Per Share Today

Alibaba reached a 52 week low earlier today in trading, going as low as $83.22.  This is far from the price targets on Wall Street, and I believe BABA is a very undervalued stock here.  I look for the stock to gain considerably from here over the next 12 months.

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