2 Ways Alibaba Stock Could Create Enormous Value for Investors
Alibaba's (NYSE: BABA) stock has had a tough time in the last two years as the company faced declining growth and increasing competition. Still, the tech conglomerate has not given up. Alibaba recently announced a variety of steps to enhance shareholder value. Two strategic moves in particular could create significant value for investors. Let's take a look at them.
Image source: Getty Images.
Alibaba has exemplified China's massive success in the last two decades. Founded as an e-commerce business, the tech conglomerate has over the years built a business empire spanning cloud computing, logistics, fintech entertainment, and others.
Source Fool.com
Alibaba Group Holding Ltd ADR Stock
€74.90
0.270%
With 42 Buy predictions and 2 Sell predictions Alibaba Group Holding Ltd ADR is one of the favorites of our community.
As a result the target price of 109 € shows a positive potential of 45.53% compared to the current price of 74.9 € for Alibaba Group Holding Ltd ADR.
