2 Bargain Stocks That Could Soar in 2025
The S 500 is up 69% since bottoming in 2022, but the stocks of some industry-leading companies are still trading in the bargain bin.
The following companies were flying high along with the broad market just a few years ago, yet their share prices have yet to recover and remain at multiyear lows. Here's why these beaten-down stocks can rebound in 2025.
The sluggish post-pandemic economy in China has weighed on sales for Alibaba Group (NYSE: BABA), which is home to the popular e-commerce marketplaces, Taobao and Tmall. The company generates revenue from its e-commerce operations and also a logistics operation, cloud computing division, and entertainment segment, among others. But after regularly delivering high double-digit top line growth for years, it began reporting declining revenue in 2022. Growth has rebounded somewhat with revenue increasing 5% year over year in Q3 2024.
Source Fool.com
Alibaba Group Holding Ltd ADR Stock
The stock is one of the favorites of our community with 44 Buy predictions and 1 Sell predictions.
With a target price of 157 € there is a positive potential of 22.08% for Alibaba Group Holding Ltd ADR compared to the current price of 128.6 €.
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