|Bid||304.00 x 800|
|Ask||305.00 x 800|
|Day's range||300.19 - 310.83|
|52-week range||169.95 - 319.32|
|Beta (5Y monthly)||1.50|
|PE ratio (TTM)||32.73|
|Forward dividend & yield||N/A (N/A)|
|1y target est||333.64|
Let's see if investors should consider buying Alibaba stock ahead of its upcoming quarterly earnings release that's due out on Thursday, November 5...
China's Alibaba Group Holding Ltd <9988.HK> will kick off its mega-shopping extravaganza "Singles Day" early this year, a move that will likely see a big jump in its sales as the easing of the country's COVID-19 pandemic drives an economic rebound. The tech giant will offer two check out periods - a new one from Nov. 1-3 and its traditional 24-hour shopping window on Nov. 11. This year's blitz is being watched as a barometer for how strong consumer appetite is rebounding in China, amid signs that a recovery in household spending has started broadening.
Zacks Investment Ideas feature highlights: Alibaba, PayPal, Visa, Mastercard and Amazon