facebookShould I buy Alibaba now? Seeing many buy ratings on it. The stock is around high $180+ now, do you think it will go back into $200s like last year or is this the highest it will go? - Seedly

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Anonymous

27 Jan 2020

General Investing

Should I buy Alibaba now? Seeing many buy ratings on it. The stock is around high $180+ now, do you think it will go back into $200s like last year or is this the highest it will go?

Discussion (5)

What are your thoughts?

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Don't buy single stocks.

get VOO, VGT, CQQQ and some physical gold.

Elijah Lee

04 Dec 2019

Senior Financial Services Manager at Phillip Securities (Jurong East)

If I were to buy Alibaba, I would take a position that I can afford to lose.

We won't know how stocks move, so best to do your own diligence and decide if it fits your requirements and criteria before going in. Size your position correctly, and even if the worst occurs, you won't be burnt.

Don't throw everything including the kitchen sink in.

Bjorn Ng

03 Dec 2019

Business Analyst at 10x Capital

Straight answer? No. Buy ratings are just to influence you to buy. It's your own money - you gotta b...

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