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

Asked on 22 Mar 2019

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?

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Answers (5)

Junus Eu

Junus Eu

Level 9. God of Wisdom

Answered on 03 Dec 2019

While it's enticing to be enouraged by Buy Ratings, know that analysts will hardly ever put a sell rating.

I would go back to the fundamentals - read their annual reports, track their targets and form your own conviction on whether or not it is indeed a buy for you.

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Thank You!
Can you clarify
I wonder if
This is so helpful 👍
What about

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Frankie Rappaport

Frankie Rappaport

Level 10. Unicorn

Answered on 27 Jan 2020

Don't buy single stocks.

get VOO, VGT, CQQQ and some physical gold.

0

Thank You!
Can you clarify
I wonder if
This is so helpful 👍
What about

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

We won't know how stoc...

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