Alibaba Group Holding Ltd ADR buy TradeAlex
Summary
This prediction ended on 25.01.21 with a price of €217.50. With a performance of 9.74%, the BUY prediction by TradeAlex for Alibaba Group Holding Ltd ADR closed with a slight gain. TradeAlex has 80% into this predictionAlibaba Group Holding Limited is a Chinese multinational technology company specializing in e-commerce, retail, Internet and technology. It was founded in 1999 by Jack Ma and is headquartered in Hangzhou, China. Alibaba operates through various segments, including e-commerce, cloud computing, digital media, and entertainment, as well as innovation initiatives and other ancillary businesses. Its e-commerce platforms facilitate consumer-to-consumer, business-to-consumer, and business-to-business transactions. The company's initial public offering (IPO) in 2014 was the largest in history, raising $25 billion in capital, and it is currently listed on the New York Stock Exchange under the symbol BABA.
Performance without dividends (%)
Name | 1w | 1m | 1y | 3y |
---|---|---|---|---|
Alibaba Group Holding Ltd ADR | 2.720% | 2.720% | -2.759% | -41.905% |
iShares Core DAX® | 2.291% | 2.984% | 20.344% | 20.143% |
iShares Nasdaq 100 | 1.336% | -0.196% | 25.550% | 37.734% |
iShares Nikkei 225® | 1.132% | 2.488% | 13.163% | 1.261% |
iShares S&P 500 | 1.272% | 1.334% | 24.544% | 40.521% |
According to TradeAlex what are the pros and cons of Alibaba Group Holding Ltd ADR for the foreseeable future?
Pros
Cons
Comments by TradeAlex for this prediction
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