Alibaba (BABA) is in a short-term bullish trend after breaking above the 50-day moving average.

From Nasdaq: 2025-05-06 09:30:00

Alibaba (BABA) has broken above the 50-day moving average, indicating a short-term bullish trend. With shares up 19.4% in the past four weeks and a Zacks Rank #2 (Buy) status, BABA seems poised for more gains. Positive earnings estimate revisions further support this potential surge.

Zacks Research Chief highlights a top stock set to double in value, emphasizing its innovation and fast-growing customer base. While not all elite picks are winners, this stock has the potential to surpass previous Zacks’ Stocks Set to Double like Nano-X Imaging. Investors can access more top stock recommendations from Zacks Investment Research for free.



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