Alibaba group a great move ! Alibaba surging on its new organizational and governance structure, splitting into six major business groups each with a CEO.
Alibaba named Research Tactical Idea Call at Morgan Stanley-tgt $150
Investors should also note Alibaba's current valuation metrics, including its Forward P/E ratio of 13.25.
This represents a discount compared to its industry's average Forward P/E of 18.08.
It is also worth noting that BABA currently has a PEG ratio of 1.04. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Internet - Commerce industry currently had an average PEG ratio of 1.16 as of yesterday's close.
Tactical Idea Long above 101 * Target 120
Stop 96.
Risk/reward ratio 3.94
The potential of the idea is 18.8%
Alibaba named Research Tactical Idea Call at Morgan Stanley-tgt $150
Investors should also note Alibaba's current valuation metrics, including its Forward P/E ratio of 13.25.
This represents a discount compared to its industry's average Forward P/E of 18.08.
It is also worth noting that BABA currently has a PEG ratio of 1.04. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Internet - Commerce industry currently had an average PEG ratio of 1.16 as of yesterday's close.
Tactical Idea Long above 101 * Target 120
Stop 96.
Risk/reward ratio 3.94
The potential of the idea is 18.8%
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.