From Nasdaq: 2024-05-13 16:48:42

Alibaba (NYSE: BABA) stock is rebounding, up 19% in the past month. Bank of America predicts a 17% upside in the next 12 months, with Q4 2024 revenue expected to grow by 6%. Despite competition, Alibaba’s profitability and growth potential make it a strong investment.

While BofA analysts see potential in Alibaba stock, Motley Fool’s Stock Advisor lists 10 better stocks to invest in for higher returns. Their service provides investment advice and has outperformed the S&P 500 since 2002. Consider all options before investing in Alibaba.

Bank of America supports Alibaba, but research other stock options first. Motley Fool advises caution and offers access to their Stock Advisor service for better investment opportunities. Choose wisely before committing to any stock purchases.



Read more at Nasdaq: 1 Wall Street Firm Thinks Alibaba Stock Is Going to $99. Is It a Buy?