From Jan. 2, 2018, to Nov. 30, 2018, the price of Alibaba Group Holding Ltd. (NYSE: BABA) stock dropped 12.41%.
But for 2019, gains should be on the way…
Raymond James projects the BABA stock price could climb to $260 per share in the next 12 months.
That's a potential profit of 54%.
Here's more on why Alibaba stock is projected to climb double digits this year…
Back In 1999, BABA was created by former English teacher Jack Ma. He wanted the company to have recognition across the world, so he picked the name Alibaba.
At first, Ma's company was only an online, business-to-business portal to facilitate sales for small exporters in China. When the company was only a year old, Ma was able to convince Japan-based SoftBank to invest $20 million.
By 2001, Alibaba had 1 million registered users shopping on its online retail service.
In 2003, the company developed a consumer-to-consumer shopping site named Taobao. Then, in 2004, Alibaba developed an online payment system, Alipay.
Alipay allows for fast, easy, and safe online payments, according to its website.
Continuing to grow the company, Alibaba joined forces with Yahoo! Inc. in a strategic partnership. Yahoo announced in August 2005 that it would buy a 40% stake in Alibaba.
The investment gave Alibaba more capital to expand, and it gave Yahoo a larger presence in China.
After years of strategic partnerships, BABA finally decided to let American investors own a piece of the company.
Alibaba went public on Sept. 19, 2016. It priced its IPO at $68 per share, which gave the company a valuation of $168 billion.
Investors were so anxious to get their hands on BABA stock that the price climbed to $92.80 the day after the IPO.
In the last five years, the BABA stock price has climbed 66.16%.
On Jan. 3, 2017, the BABA stock price opened at $89 per share.
On Dec. 29, 2017, the Alibaba stock price opened at $172.98 per share.
In roughly a year, that was a gain of 93.57%.
And here's why everyone is so bullish on BABA stock in 2019…
Consumer-product companies have a mantra: "If you win China, you win the world."
The company grabbing China is Alibaba.
While BABA's retail sales machine is most comparable to Amazon.com Inc. (NASDAQ: AMZN), Alibaba also connects consumers and business providers in sectors Amazon doesn't touch, such as medical advice.
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It has a prescription-filling sector that delivers to patients' homes. The market is exceptionally robust for such a business.
Management consulting firm McKinsey & Co. expects Chinese spending on healthcare to climb from $350 billion to $1 trillion by 2020, a nearly threefold expansion in four years.
BABA also has a subsidiary that delivers food to consumers. Online2Offline will bring consumers fresh groceries, and Koubei will bring them restaurant food.
Does Alibaba's journey sound familiar?
You see, Amazon has taken notice of Alibaba. How do we know? Because it seems like there's a strong case of "imitation is the sincerest form of flattery" going around.
Amazon clearly sees Alibaba as a close competitor. It's also noticed that there are things Alibaba is doing that Amazon isn't. Those things are helping Alibaba make more money and diversify income streams.
So, Amazon has taken steps that make it more similar to Alibaba – such as buying PillPack, an online pharmacy, in June 2018. And in late 2017, the delivery giant bought health-food grocer Whole Foods.
Those two purchases make it look a lot like Amazon is positioning itself to compete against Alibaba.
If you missed investing in Amazon before it became a mega-company, you have another opportunity with Alibaba.
Amazon is clearly watching Alibaba and must think it will be a successful company. If Amazon is, so should you.
Also, don't forget about BABA's entertainment offerings…
Baba acquired Youku Tudou Inc., often dubbed the Chinese YouTube, during 2015 as a strategic step to move into the online video industry in China.
BABA's growth is also skyrocketing in cloud computing. In 2016, Alibaba's cloud sales soared to $675 billion.
That's an increase of 126.5% from 2015 sales of $298 million.
Over half a million customers receive cloud computing services from BABA, according to Bloomberg Technology.
In terms of a massive revenue generator, BABA shareholders should also keep an eye on "Singles' Day."
No one is quite sure who invented Singles' Day, but it emerged as a student tradition in the mid-1990s, according to TechInAsia.com.
The most widely accepted story about the creation of Singles' Day is that it started in the dorms of Nanjing University in 1993. The idea was to create an anti-Valentine's Day tradition.
The first adopters were mostly men, but single women began getting involved as well.
On Singles' Day, mostly young people will go out to restaurants and splurge on buying products.
In 2018, Alibaba racked up over $31 billion in sales during its Singles' Day holiday.
If the numbers from 2018 are any indication, Singles' Day in 2019 is going to be another huge year for Alibaba.
That's why BABA is one of our favorite stocks to own…
That vision for global growth is part of the reason Money Morning Executive Editor Bill Patalon recommends Alibaba.
"Alibaba's moves into entertainment, media, cloud computing – these are all part of a broad vision Jack Ma and his executive team have for Alibaba," Patalon said.
"I knew that, as a hot IPO, there was every chance the stock could – and probably would – sell off," Patalon said. "It's a 'transformational' type of company, meaning its leaders are 'planting seeds' right now that will have big future payoffs."
Since 2013, Alibaba has purchased companies in a variety of industries, including retail, entertainment, tech, and even a professional soccer team.
The company is more than just an e-commerce firm. You see, Alibaba is now trying to disrupt the Chinese banking system…
In 2004, Ma identified several flaws with Chinese banking practices. In order to help Chinese residents avoid middlemen, Alibaba created China's first customer-to-customer payment system. Known as Alipay, this system was soon processing nearly 50% of Chinese e-commerce transactions.
Several years later, Alibaba opened a money market product in 2013. Alibaba's money market product, Yu'e Bao, reported 100 million opened accounts a year after its launch.
BABA stock is an attractive addition to portfolios because of Ma's ability to identify a problem, find a solution, and make money from the solution.
Patalon says you can't look at Alibaba as a short-term investment. This is the kind of stock you buy and hold for a long period of time.
The company has its sights set on the long term.
So while the price of BABA stock may seem "expensive" now, the long-term gains mean today's prices are trading at a discount from where BABA stock could trade in the future.
After all, just look at the nearly 70% gains for BABA shareholders over the last five years…
With the uncertainty in the global marketplace and a brewing trade war between China and the United States, it's no wonder Alibaba has seen a decline in stock price this year.
Tensions remain high within the global marketplace, and the outcome between China and the United States isn't clear.
With these low prices, you're probably wondering why we're recommending you purchase BABA stock.
Well . . .
It's because the BABA stock price is undervalued.
These bargain prices for a valuable stock that has massive potential won't last long. With Alibaba's focus on the future and an expanding core market, this is a great time to buy – before it surges upward again
If you're looking for a tech company to invest in, BABA stock is a great place to start. BABA is a future-focused company that's innovating to continue its growth.
As a Chinese company, it's poised to grow substantially, as it has a lot of potential market capture.
Don't miss out on the opportunity to buy early and buy while this stock is affordable. BABA stock is for your future.
If you're interested in tech stocks, you might also be interested in our predictions and thoughts on Apple stock.
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In September, legendary Chinese executive Jack Ma announced he was stepping down as the executive chair of Alibaba Group Holding Ltd. (NASDAQ: BABA).
This is a significant development that's left investors wondering what's next for Alibaba stock.
Alibaba stock, already roiled this year by aggressive trade war tactics between the United States and China, fell 5% in the immediate aftermath of the announcement. That sent the shares to a record low for the year.
However, this is no time to run from China's online retail juggernaut.
Don't let the news of the day change your investment strategy. You don't want to sell winning companies - the ones that dominate their sectors - because of a single event.
That's especially true this week with the Chinese e-commerce juggernaut Alibaba Group Holding Ltd. The company confirmed recently that its founder and leader Jack Ma will step down as executive chair next year and leave the company board of directors the year after that.
Don't be fooled - this could be the best buying opportunity you'll ever see for Alibaba stock...
With Chinese trade war turmoil rocking Chinese stocks on American markets, many investors are wondering if they should still consider buying Alibaba Group Holding Ltd.'s (NYSE: BABA) stock.
If Wall Street is to be believed, investors should stay far away - between January and May, Alibaba's stock dropped 18% as the White House
pushed for aggressive trade relations with China.
However, Wall Street is overreacting per usual. As the company's recent earnings report illustrated, Alibaba's growth potential has only gotten stronger over the last year. Earnings increased 44.4% year over year, while revenue increased 61% to $9.87 billion.
Here's why now is a great time to buy China's best retail stock...
Earlier this month, we reported on the massive profit potential of Alibaba Group Holding Ltd., one of our favorite stocks to take advantage of China's incredible growth.
Alibaba is one of the best stocks to hold over the long term.
But we've also devised a way for you to profit from Alibaba without buying BABA stock.
Here's how you can make a killing from this growing e-commerce company today...
Alibaba Group is often considered the "Amazon of China."
But few investors truly understand the huge profit potential that Alibaba stock offers.
Here's the biggest reason why the media doesn't understand the giant e-commerce company...
One of the questions we keep hearing from tech investors is "how much is Yahoo's stake in Alibaba worth?"
Today, we're breaking down the complete relationship between Alibaba and Yahoo, including the value of this massive stake.
Here's everything investors need to know today...
The Alibaba stock price history tells the story of how the Chinese online retail giant has struggled to reach its potential, but there are plenty of reasons to expect bigger gains soon.
Today is Alibaba Singles' Day, the biggest day of the year for BABA. The annual shopping extravaganza has already hit record numbers before the day even finished.
This year, more than 5,000 brands from more than two dozen countries competed.
Sales from this year's event are for the record books...
The Alibaba earnings report for the third-quarter drops tomorrow (Wednesday) before the open.
The Alibaba stock price has widely outperformed the broader market this year, and shares are priced for perfection.
Here's what you need to know about the Alibaba earnings report...
The Alibaba stock price hit a 52-week high of $103.36 today (Tuesday) and it's heading higher.
The company continues to expand its scale and scope.
That's why we think BABA is poised for more growth and profits...
p>The Alibaba stock price has outperformed the markets this year, with an impressive 19.14% gain in 2016.
We see more gains ahead.
The Alibaba stock price jumped 5.5% to a 52-week high of $92.76 today after better than expected Q2 2016 results.
This is just the start of the Alibaba stock price rally.
The Alibaba stock price today is falling after one of its biggest holders, SoftBank, sold $7.9 billion worth of BABA stock.
After Alibaba reported it was under investigation from the SEC at the end of May, investors can't seem to catch a break with this company.
Alibaba shares slumped 3.67% to $78.14 Wednesday after the company acknowledged the SEC is looking into the Chinese e-commerce giant's annual blockbuster sale day.
But we're still not concerned about the Alibaba stock price today...
