3 Stocks That Could Put Alibaba's Returns to Shame
If you've bought products on e-commerce sites like Amazon (NASDAQ: AMZN) there's a good chance you've bought something that was made in China courtesy of a manufacturer found by using Alibaba (NYSE: BABA). Alibaba's manufacturing might has catapulted its share price significantly higher over the past year and a half, but interestingly, it's far from the market's top performing stock. In fact, Shopify (NYSE: SHOP), Sodastream (NASDAQ: SODA), and Vertex Pharmaceuticals (NASDAQ: VRTX) have all out-performed it. Here's why investors are flocking to shares in these companies, and why their returns may continue besting Alibaba's.
Dan Caplinger (Shopify): Whenever there's a gold rush, you can count on the companies that provide picks and shovels to produce dependable results regardless of whether their customers strike it rich. In the rush to cash in on internet e-commerce, Alibaba has been a big winner, but Shopify is aiming to make e-commerce easier for businesses of all sizes.
Source: Fool.com
Amazon.com Inc. Stock
The stock is an absolute favorite of our community with 146 Buy predictions and no Sell predictions.
As a result the target price of 185 € shows a slightly positive potential of 13.08% compared to the current price of 163.6 € for Amazon.com Inc..