Previous close | 27.70 |
Open | 27.70 |
Bid | 27.75 |
Ask | 28.85 |
Strike | 125.00 |
Expiry date | 2024-06-21 |
Day's range | 27.70 - 27.70 |
Contract range | N/A |
Volume | |
Open interest | 219 |
The mean of analysts' price targets for Alibaba (BABA) points to a 31.5% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
KraneShares CSI China Internet ETF, Lattice Semiconductor, Alibaba, JD.com and Vipshop have been highlighted in this Investment Ideas article.
The e-commerce giant is greatly positioned to benefit from the Chinese economy reopening and provide long-term value.