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It's Time for "Singles' Day" – and That Means It's Again Time to Talk About Alibaba

We're closing in on Nov. 11.

And that means we're also closing in on "Singles' Day" - a manufactured holiday in China and a major "sales day" for e-commerce giant Alibaba Group Holding Ltd. (NYSE: BABA).

We've been a big bull on Alibaba since even before its September 2014 initial public offering (IPO) - exhorting folks to "Accumulate" the stock on weakness and offering calculations that show why the stock offers investors one of the biggest wealth opportunities in the market today.

(Indeed, when Money Morning republished my projections, my buddy Shawn Langlois over at MarketWatch heralded my Alibaba recommendation as its "Call of the Day." And investors who acted on my January 2016 call to buy Alibaba when it was trading at $69 a share are now sitting on a 42% profit in only 10 months.)

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