It was a volatile year to be a BABA shareholder, but our Alibaba stock forecast for 2016 shows that there will be significant revenue growth for the company.
Chairman Jack Ma's acquisitions are going to add billions of dollars of revenue to the company, but he is far from finished from growing Alibaba's bottom line.
It was a volatile year to be a BABA shareholder, but our Alibaba stock forecast for 2016 shows that there will be significant revenue growth for the company.
Chairman Jack Ma's acquisitions are going to add billions of dollars of revenue to the company, but he is far from finished from growing Alibaba's bottom line.
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?
Alibaba stock will hit the New York Stock Exchange later this year - possibly as soon as next month - and investors around the world are wondering how BABA stock will perform when it debuts.
Highly anticipated IPOs can be extremely volatile in their first days. Some jump out of the gate, while others fizzle.
