Saturday, November 15, 2014

Jim Cramer Likes Alibaba

Jim Cramer has had many positive comments about shares of Alibaba.  Recently, he said good things could be on the horizon for BABA.  George Soros has taken stakes in Yahoo! and Alibaba, and Starboard also has a stake in Yahoo!  The price target was raised for YHOO on Friday by an analyst to $60 per share, which represents close to a 20% premium from its current price.  These are exciting times again for Internet investors, and I believe this market is poised for superb returns short and long term.

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