Alibaba Group Holding Ltd (NYSE:BABA) is seen as one of the top e-commerce stocks with long-term potential, with Jefferies reiterating its Buy rating on July 9. The firm highlighted strong cloud growth due to enterprise demand for AI, forecasting a 23% revenue increase for Alibaba’s Cloud Intelligent Group. However, margin pressures are expected due to heavy investment, with overall EBITA forecasted to decline by 15%. Despite this, Jefferies remains optimistic about Alibaba’s medium-term prospects, especially in cloud and instant commerce segments.

Alibaba Group Holding Ltd (NYSE:BABA) is a major player in e-commerce and cloud services, focusing on artificial intelligence in its expanding tech ecosystem. While there is potential for investment in BABA, some AI stocks offer greater upside potential with less downside risk. For those seeking an undervalued AI stock with potential benefits from Trump-era tariffs and the onshoring trend, a free report on the best short-term AI stock is available.

Read more at Yahoo Finance: Jefferies Upbeat on Alibaba’s (BABA) AI Cloud and Instant Commerce Growth