As I predicted, shares of Alibaba are moving higher. Today, BABA closed at $97.79 per share, and headed into its earnings report things are moving nicely for the company. Its 52 week high is just under $100, and I expect Alibaba stock to test that high here very soon, possibly tomorrow. I rate BABA as an excellent buy, however I do not have a position in BABA.
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Monday, October 27, 2014
Shares of Alibaba Move Sharply Higher Today
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