From Nasdaq: 2025-04-04 07:00:00

Liberation Day celebrations turned sour as retaliatory tariffs caused a market sell-off, with China being a key player. Despite this, Alibaba stock has outperformed, with analysts increasing earnings estimates. This has boosted the Zacks Consensus Estimate for this year and next year, with strong growth expected. The stock is currently at a technical support level and poised for further gains.

Alibaba Group Holding Limited, a technology and marketing company, has seen a resurgence in its stock due to increased earnings estimates. Analysts have raised their estimates for this year and next year, leading to positive revenue growth projections. The stock has bounced back from recent pullbacks, presenting a potential buying opportunity for investors.

Experts have identified Alibaba as a top stock pick for potential early price pops. With a history of beating the market, the stock is currently showing strong growth potential based on increased earnings estimates. Investors are advised to keep a close eye on this stock for potential gains in the next 30 days.



Read more at Nasdaq: Bull of the Day: Alibaba (BABA)