Alibaba stock will most likely hit the market in September, following one of the largest initial public offerings in history.
Alibaba Group Holding Ltd. (NYSE: BABA) could raise upwards of $20 billion in its public offering, and the high-level Chinese officials who own stake in the company are in for a huge payday when it goes public.
But will retail investors find profits in Alibaba stock as well?
Money Morning's Chief Investment Strategist Keith Fitz-Gerald joined FOX Business' "Varney & Co." yesterday (Monday), and told viewers how he would play BABA stock when it hits the market.
