Alibaba: GenAI To Steer Long-Term Growth Amid Bullish Momentum, Buy (Technical Analysis)
BABABABA(BABA) Seeking Alpha·2024-07-17 06:05
Robert Way Investment Thesis I am bullish on BABA given its strategic market position, which I believe will give it upward trajectory traction. In January 2024, I published a bullish thesis on Alibaba Group Holding Limited (NYSE:BABA) where I reiterated my buy recommendation. In that analysis, I asserted that what had been a bearish trend was reversing, and a bullish momentum was building. Since that coverage, the stock has gained 7.63%, with a total return of 9.04%. My bullish thesis was based on the c ...