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Is Alibaba Finally Back?

TheMotleyFool

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Alibaba (NYSE: BABA) has become a frustrating e-commerce stock for long-term investors. Since its September 2014 IPO in the U.S., it has risen by only 14%, giving back most of the 370% gain it had claimed at its peak in the fall of 2020.

However, a vote of confidence from the Chinese government sent Alibaba stock price higher by 37% on March 16. Now, investors must decide whether this stock can finally deliver longer-term growth or if they should stay away.

Image source: Getty Images.

Source Fool.com

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