Why Our Expert's Buying Alibaba Stock - Even Though He's "Not an IPO Guy"

On Wednesday afternoon, Money Morning Capital Wave Strategist Shah Gilani appeared on FOX Business' "Varney & Co." to tell viewers why he loves Alibaba stock.

Alibaba Group Holding Ltd. is expected to raise between $21.1 billion and $24.3 billion in its initial public offering (IPO) on Thursday. That'll make the Alibaba IPO the largest since Facebook Inc.'s (Nasdaq: FB) $16 billion 2012 IPO. Alibaba stock is expected to begin trading Friday on the New York Stock Exchange under the ticker "BABA."

Watch the video to see why Gilani - who's "generally not an IPO guy" - will be one of the investors buying Alibaba stock on its opening:

Alibaba stock debuts on Friday, and our expert - who's admittedly "not an IPO guy" - is making an exception to buy shares. Here's why...

You can start profiting from the Alibaba IPO now, before BABA stock hits the market. Learn more about this Alibaba profit opportunity here...