Alibaba Has Surged so Far in 2023. Is It Still a Buy Here?

Seeking Alpha2023-02-05

Shares of the Chinese tech giant Alibaba (NYSE:BABA) have recorded a great start to 2023, adding to strength seen in the final months of last year. The stock is bouncing back from a weak 2022 as ...

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Comments

runningjames
2023-02-05
runningjames
Buy below 100 in next week if market dip further
Rotiprata
2023-02-05
Rotiprata
Well said bro
T202311701
2023-02-05
T202311701
O
SandDust
2023-02-05
SandDust
Hong Kong bull just starting the engine
- TBI:
  technicals drive BABA, I've said it many times. until it finishes consolidating and preparing for breakout the move will appear irrational

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250

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The stock is bouncing back from a weak 2022 as ...</p>\n\n<a href=\"https://seekingalpha.com/news/3931876-alibaba-surged-in-2023-is-the-move-exhausted-or-is-there-more-room-for-it-to-be-a-buy\">Source Link</a>\n\n</div>\n","source":"seekingalpha_fund","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Has Surged so Far in 2023. 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Is It Still a Buy Here?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-05 10:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3931876-alibaba-surged-in-2023-is-the-move-exhausted-or-is-there-more-room-for-it-to-be-a-buy><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of the Chinese tech giant Alibaba (NYSE:BABA) have recorded a great start to 2023, adding to strength seen in the final months of last year. The stock is bouncing back from a weak 2022 as ...</p>\n\n<a href=\"https://seekingalpha.com/news/3931876-alibaba-surged-in-2023-is-the-move-exhausted-or-is-there-more-room-for-it-to-be-a-buy\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4538","symbol_name":"云计算","start_time":0,"source_url":"https://seekingalpha.com/news/3931876-alibaba-surged-in-2023-is-the-move-exhausted-or-is-there-more-room-for-it-to-be-a-buy","article_id":"2308899885","we_media_id":null,"thumbnails":[],"rights":{"source":"seekingalpha_fund","url":"https://seekingalpha.com/news/3931876-alibaba-surged-in-2023-is-the-move-exhausted-or-is-there-more-room-for-it-to-be-a-buy","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2308899885","pubTimestamp":1675563270,"columns":[],"sourceInfo":{"source_id":"seekingalpha_fund","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Shares of the Chinese tech giant Alibaba (NYSE:BABA) have recorded a great start to 2023, adding to ","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4538":"云计算","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","BK4579":"人工智能","LU0588546209.SGD":"Eastspring Investments - China Equity Fund AS SGD","09988":"阿里巴巴-W","BK4565":"NFT概念","BK4574":"无人驾驶","BK4551":"寇图资本持仓","LU1051768304.USD":"贝莱德新兴市场股票收益A6","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU0051755006.USD":"摩根大通中国A (dist)","SG9999002463.SGD":"LionGlobal China Growth SGD","IE0008368742.USD":"首域中国增长基金I Acc","BK4524":"宅经济概念","BK4554":"元宇宙及AR概念","LU0456827905.SGD":"JPMorgan Funds - China A (acc) SGD","BK4501":"段永平概念","BK4527":"明星科技股","BK4077":"互动媒体与服务","BK4531":"中概回港概念","BK4526":"热门中概股","BK4534":"瑞士信贷持仓","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","BK4563":"昨日强势股","BK4585":"ETF&股票定投概念","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","BK4514":"搜索引擎","LU0640798160.USD":"EASTSPRING INVESTMENTS GLOBAL EMERGING MARKET DYNAMIC \"A\" (USD) ACC","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","IE00BGV7N243.SGD":"FSSA Global Emerging Markets Focus I Acc SGD","BK4502":"阿里概念","BK4575":"芯片概念","BABA":"阿里巴巴","BK4587":"ChatGPT概念","LU0287142896.SGD":"Fidelity China Focus A-SGD","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","BK4558":"双十一","LU0327786744.USD":"Janus Henderson Horizon China Opportunities A2 USD","LU0039217434.USD":"HSBC GIF CHINESE EQUITY \"AD\" INC","LU1046422090.SGD":"Fidelity Pacific A-SGD","BK4535":"淡马锡持仓"},"translate_title":"2023年阿里巴巴-SW至今飙升。这里还划算吗？","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09988":0.6,"BABA":0.9},"content_text":"Shares of the Chinese tech giant Alibaba (NYSE:BABA) have recorded a great start to 2023, adding to strength seen in the final months of last year. The stock is bouncing back from a weak 2022 as investors bet on a rebound in China, as the country emerges from its zero-COVID sluggishness.Given the runup already, does BABA have more room to advance or has the China optimism been priced into the stock?Surging Stock Price & China’s ReopeningAlibaba has drawn a lot of investor attention in 2023. The stock jumped 21% in January, rising from $91.11 as the year started to a level at the end of the month of $110.20.This added to gains seen in Q4 of last year after shares hit their 2022 lows on Oct. 24, touching $58.01. Since that trough, the stock has surged 86%.BABA’s price explosion has been fueled by an about-face move by the Beijing government. Regulators in China have decided to reopen the country's economy, walking away from their long-standing zero-Covid policy.BABA isn't the only beneficiary of this change in policy. Many other high-profile Chinese stocks have seen their shares rise lately as well. The list includes names like JD.com (JD), Pinduoduo (PDD), Tencent Holdings (OTCPK:TCEHY), Baidu (BIDU), and Li Auto (LI).Is BABA a Buy?Wall Street experts remain very optimistic about Alibaba (BABA). A large portion of analysts view the Chinese conglomerate as a Strong Buy. In fact, of the 44 analysts surveyed over the past 90 days, 31 have given BABA a Strong Buy rating, according to data compiled by Seeking Alpha.Meanwhile, another 9 analysts have labeled the stock as a Buy. That means 40 of the 44 analysts, or around 91%, have a bullish view. The remaining 4 analysts have classified BABA as a Hold. The stock has not garnered any Sell or Strong Sell recommendations.As of Friday's intraday trading, BABA hovers near $105.93. The average price target on BABA is $145.53 which equates to a 37% topside move from current levels. At the same time, the high-end target predicts shares can reach $219.73 a share. The low-end target has BABA at $74.38 a share.Looking at Seeking Alpha’s Quant Ratings, which judge a stock on quantitative measures, paint a slightly more conservative picture. The system views the company as a Hold.Although Alibaba gets an A+ and an A as it pertains to profitability and momentum, the ratings algorithm marked the stock down for valuation and growth. Those areas garnered grades of C- and a D-, repectively.See a visual breakdown below:Outlining the case in favor of BABA, Seeking Alpha contributor BeanKounter Capital lists the stock as a Strong Buy and states, \"Shares are still attractive at just over 15x earnings, especially considering the company's cash-rich balance sheet and subsidiaries.\"Looking at the other side of the argument, fellow SA contributor Danil Sereda, who views BABA as a Hold, wrote: “In global terms, I would like to draw investors' attention once again to the risks that have faded into the background. The initial phase of the rally in Chinese equities is almost done. Hedge fund positioning seems to be consistent with this view.\"Sereda added: \"In my opinion, Alibaba stock is more likely to fall in case of capital outflow from Chinese stocks.\"For investors who may be unsure about Alibaba, but still want exposure to similar stocks, there are ways to take a more diversified approach towards the stock. Exchange traded funds with a heavy concentration towards BABA offer a chance to take advantage of the overall trend, while not concentrating on the individual company.Currently, Alibaba is owned by 60 different exchange traded funds which each offer differing exposure levels. Here are the five that hold the largest positions in BABA:ProShares Online Retail ETF (ONLN) has a 14.92% weighting in BABAInvesco BLDRS Emerging Markets 50 ADR Index Funds Trust (ADRE) is weighted at 14.47%ProShares Long Online/Short Stores ETF (CLIX) holds a 12.92% weighting,First Trust Dow Jones International Internet ETF (FDNI)provides a 10.94% weightingthe Invesco Golden Dragon China ETF (PGJ) has a 8.52% weighting towards BABAIn other related BABA and ETF news, as Alibaba exploded at the start of 2023, it carried a bunch of ETFs higher with it.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[{"id":9955524497,"gmtCreate":1675592838920,"gmtModify":1676539008660,"author":{"id":"4117336023184202","authorId":"4117336023184202","name":"runningjames","avatar":"https://community-static.tradeup.com/news/3467c93ce8ec8c583f28f405e68f0c00","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"4117336023184202","idStr":"4117336023184202"},"htmlText":"Buy below 100 in next week if market dip further&nbsp;","listText":"Buy below 100 in next week if market dip further&nbsp;","text":"Buy below 100 in next week if market dip further","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955524497","repostId":2308899885,"repostType":4,"repost":{"id":"2308899885","kind":"highlight","pubTimestamp":1675563270,"share":"https://ttm.financial/m/news/2308899885?lang=en_US&edition=fundamental","pubTime":"2023-02-05 10:14","market":"us","language":"en","title":"Alibaba Has Surged so Far in 2023. Is It Still a Buy Here?","url":"https://stock-news.laohu8.com/highlight/detail?id=2308899885","media":"Seeking Alpha","summary":"Shares of the Chinese tech giant Alibaba (NYSE:BABA) have recorded a great start to 2023, adding to ","content":"<div>\n<p>Shares of the Chinese tech giant Alibaba (NYSE:BABA) have recorded a great start to 2023, adding to strength seen in the final months of last year. The stock is bouncing back from a weak 2022 as ...</p>\n\n<a href=\"https://seekingalpha.com/news/3931876-alibaba-surged-in-2023-is-the-move-exhausted-or-is-there-more-room-for-it-to-be-a-buy\">Source Link</a>\n\n</div>\n","source":"seekingalpha_fund","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Has Surged so Far in 2023. 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Is It Still a Buy Here?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-05 10:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3931876-alibaba-surged-in-2023-is-the-move-exhausted-or-is-there-more-room-for-it-to-be-a-buy><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of the Chinese tech giant Alibaba (NYSE:BABA) have recorded a great start to 2023, adding to strength seen in the final months of last year. The stock is bouncing back from a weak 2022 as ...</p>\n\n<a href=\"https://seekingalpha.com/news/3931876-alibaba-surged-in-2023-is-the-move-exhausted-or-is-there-more-room-for-it-to-be-a-buy\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4538":"云计算","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","BK4579":"人工智能","LU0588546209.SGD":"Eastspring Investments - China Equity Fund AS SGD","09988":"阿里巴巴-W","BK4565":"NFT概念","BK4574":"无人驾驶","BK4551":"寇图资本持仓","LU1051768304.USD":"贝莱德新兴市场股票收益A6","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU0051755006.USD":"摩根大通中国A (dist)","SG9999002463.SGD":"LionGlobal China Growth SGD","IE0008368742.USD":"首域中国增长基金I Acc","BK4524":"宅经济概念","BK4554":"元宇宙及AR概念","LU0456827905.SGD":"JPMorgan Funds - China A (acc) SGD","BK4501":"段永平概念","BK4527":"明星科技股","BK4077":"互动媒体与服务","BK4531":"中概回港概念","BK4526":"热门中概股","BK4534":"瑞士信贷持仓","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","BK4563":"昨日强势股","BK4585":"ETF&股票定投概念","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","BK4514":"搜索引擎","LU0640798160.USD":"EASTSPRING INVESTMENTS GLOBAL EMERGING MARKET DYNAMIC \"A\" (USD) ACC","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","IE00BGV7N243.SGD":"FSSA Global Emerging Markets Focus I Acc SGD","BK4502":"阿里概念","BK4575":"芯片概念","BABA":"阿里巴巴","BK4587":"ChatGPT概念","LU0287142896.SGD":"Fidelity China Focus A-SGD","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","BK4558":"双十一","LU0327786744.USD":"Janus Henderson Horizon China Opportunities A2 USD","LU0039217434.USD":"HSBC GIF CHINESE EQUITY \"AD\" INC","LU1046422090.SGD":"Fidelity Pacific A-SGD","BK4535":"淡马锡持仓"},"source_url":"https://seekingalpha.com/news/3931876-alibaba-surged-in-2023-is-the-move-exhausted-or-is-there-more-room-for-it-to-be-a-buy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2308899885","content_text":"Shares of the Chinese tech giant Alibaba (NYSE:BABA) have recorded a great start to 2023, adding to strength seen in the final months of last year. The stock is bouncing back from a weak 2022 as investors bet on a rebound in China, as the country emerges from its zero-COVID sluggishness.Given the runup already, does BABA have more room to advance or has the China optimism been priced into the stock?Surging Stock Price & China’s ReopeningAlibaba has drawn a lot of investor attention in 2023. The stock jumped 21% in January, rising from $91.11 as the year started to a level at the end of the month of $110.20.This added to gains seen in Q4 of last year after shares hit their 2022 lows on Oct. 24, touching $58.01. Since that trough, the stock has surged 86%.BABA’s price explosion has been fueled by an about-face move by the Beijing government. Regulators in China have decided to reopen the country's economy, walking away from their long-standing zero-Covid policy.BABA isn't the only beneficiary of this change in policy. Many other high-profile Chinese stocks have seen their shares rise lately as well. The list includes names like JD.com (JD), Pinduoduo (PDD), Tencent Holdings (OTCPK:TCEHY), Baidu (BIDU), and Li Auto (LI).Is BABA a Buy?Wall Street experts remain very optimistic about Alibaba (BABA). A large portion of analysts view the Chinese conglomerate as a Strong Buy. In fact, of the 44 analysts surveyed over the past 90 days, 31 have given BABA a Strong Buy rating, according to data compiled by Seeking Alpha.Meanwhile, another 9 analysts have labeled the stock as a Buy. That means 40 of the 44 analysts, or around 91%, have a bullish view. The remaining 4 analysts have classified BABA as a Hold. The stock has not garnered any Sell or Strong Sell recommendations.As of Friday's intraday trading, BABA hovers near $105.93. The average price target on BABA is $145.53 which equates to a 37% topside move from current levels. At the same time, the high-end target predicts shares can reach $219.73 a share. The low-end target has BABA at $74.38 a share.Looking at Seeking Alpha’s Quant Ratings, which judge a stock on quantitative measures, paint a slightly more conservative picture. The system views the company as a Hold.Although Alibaba gets an A+ and an A as it pertains to profitability and momentum, the ratings algorithm marked the stock down for valuation and growth. Those areas garnered grades of C- and a D-, repectively.See a visual breakdown below:Outlining the case in favor of BABA, Seeking Alpha contributor BeanKounter Capital lists the stock as a Strong Buy and states, \"Shares are still attractive at just over 15x earnings, especially considering the company's cash-rich balance sheet and subsidiaries.\"Looking at the other side of the argument, fellow SA contributor Danil Sereda, who views BABA as a Hold, wrote: “In global terms, I would like to draw investors' attention once again to the risks that have faded into the background. The initial phase of the rally in Chinese equities is almost done. Hedge fund positioning seems to be consistent with this view.\"Sereda added: \"In my opinion, Alibaba stock is more likely to fall in case of capital outflow from Chinese stocks.\"For investors who may be unsure about Alibaba, but still want exposure to similar stocks, there are ways to take a more diversified approach towards the stock. Exchange traded funds with a heavy concentration towards BABA offer a chance to take advantage of the overall trend, while not concentrating on the individual company.Currently, Alibaba is owned by 60 different exchange traded funds which each offer differing exposure levels. Here are the five that hold the largest positions in BABA:ProShares Online Retail ETF (ONLN) has a 14.92% weighting in BABAInvesco BLDRS Emerging Markets 50 ADR Index Funds Trust (ADRE) is weighted at 14.47%ProShares Long Online/Short Stores ETF (CLIX) holds a 12.92% weighting,First Trust Dow Jones International Internet ETF (FDNI)provides a 10.94% weightingthe Invesco Golden Dragon China ETF (PGJ) has a 8.52% weighting towards BABAIn other related BABA and ETF news, as Alibaba exploded at the start of 2023, it carried a bunch of ETFs higher with it.","news_type":1,"symbols_score_info":{"09988":0.6,"BABA":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9955522839,"gmtCreate":1675585076721,"gmtModify":1676539008555,"author":{"id":"4094356427149410","authorId":"4094356427149410","name":"Rotiprata","avatar":"https://community-static.tradeup.com/news/fd713e6e4a58d15bc36d2270257d59be","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"4094356427149410","idStr":"4094356427149410"},"htmlText":"Well said bro","listText":"Well said bro","text":"Well said bro","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955522839","repostId":2308899885,"repostType":2,"repost":{"id":"2308899885","kind":"highlight","pubTimestamp":1675563270,"share":"https://ttm.financial/m/news/2308899885?lang=en_US&edition=fundamental","pubTime":"2023-02-05 10:14","market":"us","language":"en","title":"Alibaba Has Surged so Far in 2023. Is It Still a Buy Here?","url":"https://stock-news.laohu8.com/highlight/detail?id=2308899885","media":"Seeking Alpha","summary":"Shares of the Chinese tech giant Alibaba (NYSE:BABA) have recorded a great start to 2023, adding to ","content":"<div>\n<p>Shares of the Chinese tech giant Alibaba (NYSE:BABA) have recorded a great start to 2023, adding to strength seen in the final months of last year. The stock is bouncing back from a weak 2022 as ...</p>\n\n<a href=\"https://seekingalpha.com/news/3931876-alibaba-surged-in-2023-is-the-move-exhausted-or-is-there-more-room-for-it-to-be-a-buy\">Source Link</a>\n\n</div>\n","source":"seekingalpha_fund","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Has Surged so Far in 2023. Is It Still a Buy Here?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Has Surged so Far in 2023. Is It Still a Buy Here?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-05 10:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3931876-alibaba-surged-in-2023-is-the-move-exhausted-or-is-there-more-room-for-it-to-be-a-buy><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of the Chinese tech giant Alibaba (NYSE:BABA) have recorded a great start to 2023, adding to strength seen in the final months of last year. The stock is bouncing back from a weak 2022 as ...</p>\n\n<a href=\"https://seekingalpha.com/news/3931876-alibaba-surged-in-2023-is-the-move-exhausted-or-is-there-more-room-for-it-to-be-a-buy\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4538":"云计算","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","BK4579":"人工智能","LU0588546209.SGD":"Eastspring Investments - China Equity Fund AS SGD","09988":"阿里巴巴-W","BK4565":"NFT概念","BK4574":"无人驾驶","BK4551":"寇图资本持仓","LU1051768304.USD":"贝莱德新兴市场股票收益A6","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU0051755006.USD":"摩根大通中国A (dist)","SG9999002463.SGD":"LionGlobal China Growth SGD","IE0008368742.USD":"首域中国增长基金I Acc","BK4524":"宅经济概念","BK4554":"元宇宙及AR概念","LU0456827905.SGD":"JPMorgan Funds - China A (acc) SGD","BK4501":"段永平概念","BK4527":"明星科技股","BK4077":"互动媒体与服务","BK4531":"中概回港概念","BK4526":"热门中概股","BK4534":"瑞士信贷持仓","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","BK4563":"昨日强势股","BK4585":"ETF&股票定投概念","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","BK4514":"搜索引擎","LU0640798160.USD":"EASTSPRING INVESTMENTS GLOBAL EMERGING MARKET DYNAMIC \"A\" (USD) ACC","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","IE00BGV7N243.SGD":"FSSA Global Emerging Markets Focus I Acc SGD","BK4502":"阿里概念","BK4575":"芯片概念","BABA":"阿里巴巴","BK4587":"ChatGPT概念","LU0287142896.SGD":"Fidelity China Focus A-SGD","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","BK4558":"双十一","LU0327786744.USD":"Janus Henderson Horizon China Opportunities A2 USD","LU0039217434.USD":"HSBC GIF CHINESE EQUITY \"AD\" INC","LU1046422090.SGD":"Fidelity Pacific A-SGD","BK4535":"淡马锡持仓"},"source_url":"https://seekingalpha.com/news/3931876-alibaba-surged-in-2023-is-the-move-exhausted-or-is-there-more-room-for-it-to-be-a-buy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2308899885","content_text":"Shares of the Chinese tech giant Alibaba (NYSE:BABA) have recorded a great start to 2023, adding to strength seen in the final months of last year. The stock is bouncing back from a weak 2022 as investors bet on a rebound in China, as the country emerges from its zero-COVID sluggishness.Given the runup already, does BABA have more room to advance or has the China optimism been priced into the stock?Surging Stock Price & China’s ReopeningAlibaba has drawn a lot of investor attention in 2023. The stock jumped 21% in January, rising from $91.11 as the year started to a level at the end of the month of $110.20.This added to gains seen in Q4 of last year after shares hit their 2022 lows on Oct. 24, touching $58.01. Since that trough, the stock has surged 86%.BABA’s price explosion has been fueled by an about-face move by the Beijing government. Regulators in China have decided to reopen the country's economy, walking away from their long-standing zero-Covid policy.BABA isn't the only beneficiary of this change in policy. Many other high-profile Chinese stocks have seen their shares rise lately as well. The list includes names like JD.com (JD), Pinduoduo (PDD), Tencent Holdings (OTCPK:TCEHY), Baidu (BIDU), and Li Auto (LI).Is BABA a Buy?Wall Street experts remain very optimistic about Alibaba (BABA). A large portion of analysts view the Chinese conglomerate as a Strong Buy. In fact, of the 44 analysts surveyed over the past 90 days, 31 have given BABA a Strong Buy rating, according to data compiled by Seeking Alpha.Meanwhile, another 9 analysts have labeled the stock as a Buy. That means 40 of the 44 analysts, or around 91%, have a bullish view. The remaining 4 analysts have classified BABA as a Hold. The stock has not garnered any Sell or Strong Sell recommendations.As of Friday's intraday trading, BABA hovers near $105.93. The average price target on BABA is $145.53 which equates to a 37% topside move from current levels. At the same time, the high-end target predicts shares can reach $219.73 a share. The low-end target has BABA at $74.38 a share.Looking at Seeking Alpha’s Quant Ratings, which judge a stock on quantitative measures, paint a slightly more conservative picture. The system views the company as a Hold.Although Alibaba gets an A+ and an A as it pertains to profitability and momentum, the ratings algorithm marked the stock down for valuation and growth. Those areas garnered grades of C- and a D-, repectively.See a visual breakdown below:Outlining the case in favor of BABA, Seeking Alpha contributor BeanKounter Capital lists the stock as a Strong Buy and states, \"Shares are still attractive at just over 15x earnings, especially considering the company's cash-rich balance sheet and subsidiaries.\"Looking at the other side of the argument, fellow SA contributor Danil Sereda, who views BABA as a Hold, wrote: “In global terms, I would like to draw investors' attention once again to the risks that have faded into the background. The initial phase of the rally in Chinese equities is almost done. Hedge fund positioning seems to be consistent with this view.\"Sereda added: \"In my opinion, Alibaba stock is more likely to fall in case of capital outflow from Chinese stocks.\"For investors who may be unsure about Alibaba, but still want exposure to similar stocks, there are ways to take a more diversified approach towards the stock. Exchange traded funds with a heavy concentration towards BABA offer a chance to take advantage of the overall trend, while not concentrating on the individual company.Currently, Alibaba is owned by 60 different exchange traded funds which each offer differing exposure levels. Here are the five that hold the largest positions in BABA:ProShares Online Retail ETF (ONLN) has a 14.92% weighting in BABAInvesco BLDRS Emerging Markets 50 ADR Index Funds Trust (ADRE) is weighted at 14.47%ProShares Long Online/Short Stores ETF (CLIX) holds a 12.92% weighting,First Trust Dow Jones International Internet ETF (FDNI)provides a 10.94% weightingthe Invesco Golden Dragon China ETF (PGJ) has a 8.52% weighting towards BABAIn other related BABA and ETF news, as Alibaba exploded at the start of 2023, it carried a bunch of ETFs higher with it.","news_type":1,"symbols_score_info":{"09988":0.6,"BABA":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9955526403,"gmtCreate":1675584770503,"gmtModify":1676539008540,"author":{"id":"4115257325505790","authorId":"4115257325505790","name":"T202311701","avatar":"https://community-static.tradeup.com/news/816311e9879fbae4e952e2a5386f68ca","vip":1,"crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"4115257325505790","idStr":"4115257325505790"},"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955526403","repostId":2308899885,"repostType":4,"repost":{"id":"2308899885","kind":"highlight","pubTimestamp":1675563270,"share":"https://ttm.financial/m/news/2308899885?lang=en_US&edition=fundamental","pubTime":"2023-02-05 10:14","market":"us","language":"en","title":"Alibaba Has Surged so Far in 2023. Is It Still a Buy Here?","url":"https://stock-news.laohu8.com/highlight/detail?id=2308899885","media":"Seeking Alpha","summary":"Shares of the Chinese tech giant Alibaba (NYSE:BABA) have recorded a great start to 2023, adding to ","content":"<div>\n<p>Shares of the Chinese tech giant Alibaba (NYSE:BABA) have recorded a great start to 2023, adding to strength seen in the final months of last year. The stock is bouncing back from a weak 2022 as ...</p>\n\n<a href=\"https://seekingalpha.com/news/3931876-alibaba-surged-in-2023-is-the-move-exhausted-or-is-there-more-room-for-it-to-be-a-buy\">Source Link</a>\n\n</div>\n","source":"seekingalpha_fund","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Has Surged so Far in 2023. Is It Still a Buy Here?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Has Surged so Far in 2023. Is It Still a Buy Here?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-05 10:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3931876-alibaba-surged-in-2023-is-the-move-exhausted-or-is-there-more-room-for-it-to-be-a-buy><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of the Chinese tech giant Alibaba (NYSE:BABA) have recorded a great start to 2023, adding to strength seen in the final months of last year. The stock is bouncing back from a weak 2022 as ...</p>\n\n<a href=\"https://seekingalpha.com/news/3931876-alibaba-surged-in-2023-is-the-move-exhausted-or-is-there-more-room-for-it-to-be-a-buy\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4538":"云计算","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","BK4579":"人工智能","LU0588546209.SGD":"Eastspring Investments - China Equity Fund AS SGD","09988":"阿里巴巴-W","BK4565":"NFT概念","BK4574":"无人驾驶","BK4551":"寇图资本持仓","LU1051768304.USD":"贝莱德新兴市场股票收益A6","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU0051755006.USD":"摩根大通中国A (dist)","SG9999002463.SGD":"LionGlobal China Growth SGD","IE0008368742.USD":"首域中国增长基金I Acc","BK4524":"宅经济概念","BK4554":"元宇宙及AR概念","LU0456827905.SGD":"JPMorgan Funds - China A (acc) SGD","BK4501":"段永平概念","BK4527":"明星科技股","BK4077":"互动媒体与服务","BK4531":"中概回港概念","BK4526":"热门中概股","BK4534":"瑞士信贷持仓","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","BK4563":"昨日强势股","BK4585":"ETF&股票定投概念","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","BK4514":"搜索引擎","LU0640798160.USD":"EASTSPRING INVESTMENTS GLOBAL EMERGING MARKET DYNAMIC \"A\" (USD) ACC","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","IE00BGV7N243.SGD":"FSSA Global Emerging Markets Focus I Acc SGD","BK4502":"阿里概念","BK4575":"芯片概念","BABA":"阿里巴巴","BK4587":"ChatGPT概念","LU0287142896.SGD":"Fidelity China Focus A-SGD","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","BK4558":"双十一","LU0327786744.USD":"Janus Henderson Horizon China Opportunities A2 USD","LU0039217434.USD":"HSBC GIF CHINESE EQUITY \"AD\" INC","LU1046422090.SGD":"Fidelity Pacific A-SGD","BK4535":"淡马锡持仓"},"source_url":"https://seekingalpha.com/news/3931876-alibaba-surged-in-2023-is-the-move-exhausted-or-is-there-more-room-for-it-to-be-a-buy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2308899885","content_text":"Shares of the Chinese tech giant Alibaba (NYSE:BABA) have recorded a great start to 2023, adding to strength seen in the final months of last year. The stock is bouncing back from a weak 2022 as investors bet on a rebound in China, as the country emerges from its zero-COVID sluggishness.Given the runup already, does BABA have more room to advance or has the China optimism been priced into the stock?Surging Stock Price & China’s ReopeningAlibaba has drawn a lot of investor attention in 2023. The stock jumped 21% in January, rising from $91.11 as the year started to a level at the end of the month of $110.20.This added to gains seen in Q4 of last year after shares hit their 2022 lows on Oct. 24, touching $58.01. Since that trough, the stock has surged 86%.BABA’s price explosion has been fueled by an about-face move by the Beijing government. Regulators in China have decided to reopen the country's economy, walking away from their long-standing zero-Covid policy.BABA isn't the only beneficiary of this change in policy. Many other high-profile Chinese stocks have seen their shares rise lately as well. The list includes names like JD.com (JD), Pinduoduo (PDD), Tencent Holdings (OTCPK:TCEHY), Baidu (BIDU), and Li Auto (LI).Is BABA a Buy?Wall Street experts remain very optimistic about Alibaba (BABA). A large portion of analysts view the Chinese conglomerate as a Strong Buy. In fact, of the 44 analysts surveyed over the past 90 days, 31 have given BABA a Strong Buy rating, according to data compiled by Seeking Alpha.Meanwhile, another 9 analysts have labeled the stock as a Buy. That means 40 of the 44 analysts, or around 91%, have a bullish view. The remaining 4 analysts have classified BABA as a Hold. The stock has not garnered any Sell or Strong Sell recommendations.As of Friday's intraday trading, BABA hovers near $105.93. The average price target on BABA is $145.53 which equates to a 37% topside move from current levels. At the same time, the high-end target predicts shares can reach $219.73 a share. The low-end target has BABA at $74.38 a share.Looking at Seeking Alpha’s Quant Ratings, which judge a stock on quantitative measures, paint a slightly more conservative picture. The system views the company as a Hold.Although Alibaba gets an A+ and an A as it pertains to profitability and momentum, the ratings algorithm marked the stock down for valuation and growth. Those areas garnered grades of C- and a D-, repectively.See a visual breakdown below:Outlining the case in favor of BABA, Seeking Alpha contributor BeanKounter Capital lists the stock as a Strong Buy and states, \"Shares are still attractive at just over 15x earnings, especially considering the company's cash-rich balance sheet and subsidiaries.\"Looking at the other side of the argument, fellow SA contributor Danil Sereda, who views BABA as a Hold, wrote: “In global terms, I would like to draw investors' attention once again to the risks that have faded into the background. The initial phase of the rally in Chinese equities is almost done. Hedge fund positioning seems to be consistent with this view.\"Sereda added: \"In my opinion, Alibaba stock is more likely to fall in case of capital outflow from Chinese stocks.\"For investors who may be unsure about Alibaba, but still want exposure to similar stocks, there are ways to take a more diversified approach towards the stock. Exchange traded funds with a heavy concentration towards BABA offer a chance to take advantage of the overall trend, while not concentrating on the individual company.Currently, Alibaba is owned by 60 different exchange traded funds which each offer differing exposure levels. Here are the five that hold the largest positions in BABA:ProShares Online Retail ETF (ONLN) has a 14.92% weighting in BABAInvesco BLDRS Emerging Markets 50 ADR Index Funds Trust (ADRE) is weighted at 14.47%ProShares Long Online/Short Stores ETF (CLIX) holds a 12.92% weighting,First Trust Dow Jones International Internet ETF (FDNI)provides a 10.94% weightingthe Invesco Golden Dragon China ETF (PGJ) has a 8.52% weighting towards BABAIn other related BABA and ETF news, as Alibaba exploded at the start of 2023, it carried a bunch of ETFs higher with it.","news_type":1,"symbols_score_info":{"09988":0.6,"BABA":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9955561168,"gmtCreate":1675570862154,"gmtModify":1676539008035,"author":{"id":"3581331938298103","authorId":"3581331938298103","name":"SandDust","avatar":"https://static.tigerbbs.com/ea6083d742fc232449a625fb122842c8","vip":1,"crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"3581331938298103","idStr":"3581331938298103"},"htmlText":"Hong Kong bull just starting the engine","listText":"Hong Kong bull just starting the engine","text":"Hong Kong bull just starting the engine","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9955561168","repostId":2308899885,"repostType":4,"repost":{"id":"2308899885","kind":"highlight","pubTimestamp":1675563270,"share":"https://ttm.financial/m/news/2308899885?lang=en_US&edition=fundamental","pubTime":"2023-02-05 10:14","market":"us","language":"en","title":"Alibaba Has Surged so Far in 2023. Is It Still a Buy Here?","url":"https://stock-news.laohu8.com/highlight/detail?id=2308899885","media":"Seeking Alpha","summary":"Shares of the Chinese tech giant Alibaba (NYSE:BABA) have recorded a great start to 2023, adding to ","content":"<div>\n<p>Shares of the Chinese tech giant Alibaba (NYSE:BABA) have recorded a great start to 2023, adding to strength seen in the final months of last year. The stock is bouncing back from a weak 2022 as ...</p>\n\n<a href=\"https://seekingalpha.com/news/3931876-alibaba-surged-in-2023-is-the-move-exhausted-or-is-there-more-room-for-it-to-be-a-buy\">Source Link</a>\n\n</div>\n","source":"seekingalpha_fund","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Has Surged so Far in 2023. Is It Still a Buy Here?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Has Surged so Far in 2023. Is It Still a Buy Here?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-05 10:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3931876-alibaba-surged-in-2023-is-the-move-exhausted-or-is-there-more-room-for-it-to-be-a-buy><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of the Chinese tech giant Alibaba (NYSE:BABA) have recorded a great start to 2023, adding to strength seen in the final months of last year. The stock is bouncing back from a weak 2022 as ...</p>\n\n<a href=\"https://seekingalpha.com/news/3931876-alibaba-surged-in-2023-is-the-move-exhausted-or-is-there-more-room-for-it-to-be-a-buy\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4538":"云计算","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","BK4579":"人工智能","LU0588546209.SGD":"Eastspring Investments - China Equity Fund AS SGD","09988":"阿里巴巴-W","BK4565":"NFT概念","BK4574":"无人驾驶","BK4551":"寇图资本持仓","LU1051768304.USD":"贝莱德新兴市场股票收益A6","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU0051755006.USD":"摩根大通中国A (dist)","SG9999002463.SGD":"LionGlobal China Growth SGD","IE0008368742.USD":"首域中国增长基金I Acc","BK4524":"宅经济概念","BK4554":"元宇宙及AR概念","LU0456827905.SGD":"JPMorgan Funds - China A (acc) SGD","BK4501":"段永平概念","BK4527":"明星科技股","BK4077":"互动媒体与服务","BK4531":"中概回港概念","BK4526":"热门中概股","BK4534":"瑞士信贷持仓","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","BK4563":"昨日强势股","BK4585":"ETF&股票定投概念","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","BK4514":"搜索引擎","LU0640798160.USD":"EASTSPRING INVESTMENTS GLOBAL EMERGING MARKET DYNAMIC \"A\" (USD) ACC","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","IE00BGV7N243.SGD":"FSSA Global Emerging Markets Focus I Acc SGD","BK4502":"阿里概念","BK4575":"芯片概念","BABA":"阿里巴巴","BK4587":"ChatGPT概念","LU0287142896.SGD":"Fidelity China Focus A-SGD","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","BK4558":"双十一","LU0327786744.USD":"Janus Henderson Horizon China Opportunities A2 USD","LU0039217434.USD":"HSBC GIF CHINESE EQUITY \"AD\" INC","LU1046422090.SGD":"Fidelity Pacific A-SGD","BK4535":"淡马锡持仓"},"source_url":"https://seekingalpha.com/news/3931876-alibaba-surged-in-2023-is-the-move-exhausted-or-is-there-more-room-for-it-to-be-a-buy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2308899885","content_text":"Shares of the Chinese tech giant Alibaba (NYSE:BABA) have recorded a great start to 2023, adding to strength seen in the final months of last year. The stock is bouncing back from a weak 2022 as investors bet on a rebound in China, as the country emerges from its zero-COVID sluggishness.Given the runup already, does BABA have more room to advance or has the China optimism been priced into the stock?Surging Stock Price & China’s ReopeningAlibaba has drawn a lot of investor attention in 2023. The stock jumped 21% in January, rising from $91.11 as the year started to a level at the end of the month of $110.20.This added to gains seen in Q4 of last year after shares hit their 2022 lows on Oct. 24, touching $58.01. Since that trough, the stock has surged 86%.BABA’s price explosion has been fueled by an about-face move by the Beijing government. Regulators in China have decided to reopen the country's economy, walking away from their long-standing zero-Covid policy.BABA isn't the only beneficiary of this change in policy. Many other high-profile Chinese stocks have seen their shares rise lately as well. The list includes names like JD.com (JD), Pinduoduo (PDD), Tencent Holdings (OTCPK:TCEHY), Baidu (BIDU), and Li Auto (LI).Is BABA a Buy?Wall Street experts remain very optimistic about Alibaba (BABA). A large portion of analysts view the Chinese conglomerate as a Strong Buy. In fact, of the 44 analysts surveyed over the past 90 days, 31 have given BABA a Strong Buy rating, according to data compiled by Seeking Alpha.Meanwhile, another 9 analysts have labeled the stock as a Buy. That means 40 of the 44 analysts, or around 91%, have a bullish view. The remaining 4 analysts have classified BABA as a Hold. The stock has not garnered any Sell or Strong Sell recommendations.As of Friday's intraday trading, BABA hovers near $105.93. The average price target on BABA is $145.53 which equates to a 37% topside move from current levels. At the same time, the high-end target predicts shares can reach $219.73 a share. The low-end target has BABA at $74.38 a share.Looking at Seeking Alpha’s Quant Ratings, which judge a stock on quantitative measures, paint a slightly more conservative picture. The system views the company as a Hold.Although Alibaba gets an A+ and an A as it pertains to profitability and momentum, the ratings algorithm marked the stock down for valuation and growth. Those areas garnered grades of C- and a D-, repectively.See a visual breakdown below:Outlining the case in favor of BABA, Seeking Alpha contributor BeanKounter Capital lists the stock as a Strong Buy and states, \"Shares are still attractive at just over 15x earnings, especially considering the company's cash-rich balance sheet and subsidiaries.\"Looking at the other side of the argument, fellow SA contributor Danil Sereda, who views BABA as a Hold, wrote: “In global terms, I would like to draw investors' attention once again to the risks that have faded into the background. The initial phase of the rally in Chinese equities is almost done. Hedge fund positioning seems to be consistent with this view.\"Sereda added: \"In my opinion, Alibaba stock is more likely to fall in case of capital outflow from Chinese stocks.\"For investors who may be unsure about Alibaba, but still want exposure to similar stocks, there are ways to take a more diversified approach towards the stock. Exchange traded funds with a heavy concentration towards BABA offer a chance to take advantage of the overall trend, while not concentrating on the individual company.Currently, Alibaba is owned by 60 different exchange traded funds which each offer differing exposure levels. Here are the five that hold the largest positions in BABA:ProShares Online Retail ETF (ONLN) has a 14.92% weighting in BABAInvesco BLDRS Emerging Markets 50 ADR Index Funds Trust (ADRE) is weighted at 14.47%ProShares Long Online/Short Stores ETF (CLIX) holds a 12.92% weighting,First Trust Dow Jones International Internet ETF (FDNI)provides a 10.94% weightingthe Invesco Golden Dragon China ETF (PGJ) has a 8.52% weighting towards BABAIn other related BABA and ETF news, as Alibaba exploded at the start of 2023, it carried a bunch of ETFs higher with it.","news_type":1,"symbols_score_info":{"09988":0.6,"BABA":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105727806,"gmtCreate":1675584162977,"gmtModify":1675584167057,"authorId":3585745902929799,"author":{"id":3585745902929799,"idStr":"3585745902929799","authorId":3585745902929799,"name":"TBI","avatar":"https://community-static.tradeup.com/news/282bf6441b6c41fe9f0c97a7aa7d92ae","vip":1,"currentWearingBadge":{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Published at least 3 PICK posts (or 10 IDEA posts) and, within the past 30 days, posted at least 1 PICK post (or 4 IDEA posts) and 1 comment","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.08.04","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2007},"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9955561168,"type":1,"supId":0,"prevId":0,"content":"technicals drive BABA, I've said it many times. until it finishes consolidating and preparing for breakout the move will appear irrational","text":"technicals drive BABA, I've said it many times. until it finishes consolidating and preparing for breakout the move will appear irrational","html":"technicals drive BABA, I've said it many times. until it finishes consolidating and preparing for breakout the move will appear irrational"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":250,"commentSize":4,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2308899885","isCrawlerRequest":true}