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Are you looking to buy Alibaba stocks? Chech our BAMagazine with an in-depth review, check prices, statistics and see if buying this stock is interesting right now. This article will help you buy NYSE:BABA! and analyze the company to see if this stock might be an interesting option to invest in. We will enlighten you about Alibaba stocks and how to buy and use them. Click on the button to start reading the review right now or scroll down for real time statistics about this company.
Alibaba Group Holding Limited, through its subsidiaries, provides online and mobile commerce businesses in the People’s Republic of China and internationally. It operates through four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment, and Innovation Initiatives and Others. The company operates Taobao Marketplace, a mobile commerce destination; Tmall, a third-party online and mobile commerce platform for brands and retailers; Alibaba Health Internet platforms for pharmaceutical and healthcare products; Alimama, a monetization platform; 1688.com and Alibaba.com, which are online wholesale marketplaces; AliExpress, a retail marketplace; Lazada, an e-commerce platform; and Tmall Global, an import e-commerce platform. It also operates Lingshoutong, a digital sourcing platform; Cainiao Network logistic services platform; Ele.me, a delivery and local services platform; Koubei, a restaurant and local services guide platform; and Fliggy, an online travel platform. In addition, the company offers pay-for-performance and display marketing services; and Taobao Ad Network and Exchange, a real-time bidding online marketing exchange. Further, it provides elastic computing, database, storage, virtualization network, large-scale computing, security, management and application, big data analytics, and Internet of Things and other services for enterprises; payment and escrow services; and movies, television series, variety shows, animations, and other video content. Additionally, the company operates Youku, an online video platform; Alibaba Pictures and other content platforms that provide online videos, films, live events, news feeds, literature, music, and others; Amap, a mobile digital map, navigation, and real-time traffic information app; DingTalk, a business efficiency app; and Tmall Genie, an AI-powered smart speaker. The company was founded in 1999 and is based in Hangzhou, the People’s Republic of China.
Average volume
24.85 million shs
MARKET CAP
$710.47 billion
Stock exchange
NYSE
Buy this stock!
- Stephen Johnson
- April 22, 2021
- No Comments
How to buy Alibaba stocks?
Below is a quick guide on how to buy NYSE:BABA stocks safe, fast and around the world in less than five minutes.
Step 1: Open an account with eToro – eToro is the best broker to buy Alibaba shares in the world as you won’t pay any commissions. To do this, visit the eToro website and open an account, it is 100% safe and they offer a huge amount of stocks.
Step 2: Upload your ID – As per KYC regulations eToro will ask you to upload a copy of your passport or driver’s license.
Step 3: Deposit Funds – Deposit some money into your newly created eToro account. You can choose between wire transfer, e-wallet or debit/credit card or Paypal.
Step 4: Buy Alibaba – Search for “”NYSE:BABA”” and click on the “”Trade”” button. Enter the total amount of your investment (minimum $50) and confirm the order by clicking the “”Open Trade”” button. And that’s it: you have just bought Alibaba stocks with 0% commission!.
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Is Alibaba Group a buy right now?
28 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Alibaba Group in the last year. There are currently 2 hold ratings, 25 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should “buy” Alibaba Group stock.
What stocks does BAMagazine like better than Alibaba Group?
Wall Street analysts have given Alibaba Group a “Buy” rating, but there may be better short-term opportunities in the market. Some of BAMagazine’s past winning trading ideas have resulted in 5-15% weekly gains. BAMagazine just released five new trading ideas, but Alibaba Group wasn’t one of them. BAMagazine thinks five stocks may be even better buys in the how to buy stocks guide.
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How to buy Alibaba stocks step by step guide
It can be difficult to navigate through all the outdated and incorrect information related to purchasing NYSE:BABA stocks. We believe that stocks should be accessible for all, which is why we’ve created this handy guide on where to buy Alibaba stocks with a step by step approach.
Step 1: Open an Account with a Broker
You’ll need to register with a broker, in these times you can’t go without once and it’s crucial to use a regulated broker that’s allowed to operate there, otherwise, you risk losing funds. eToro is one such broker, and one of the best brokers to buy Alibaba stocks with 0% comission, to sign up just click on open account in the following table or compare other options.
Step 2: Verify your Account
Because eToro is a regulated platform, you’ll need to complete the KYC process, this is standard practice and only takes a couple of minutes. You’ll need to provide a photo ID (passport, driving licence) and proof of address (utility bill, bank statement).
Step 3: Fund your eToro Account
Once you’ve signed up and verified your account, you’ll need to deposit funds. eToro accepts credit/debit cards, bank transfers, and also e-wallets. So whatever your preference there will be something for you.
Step 4: Search for Alibaba stocks
Now that you’ve funded your eToro account, just type “NYSE:BABA stocks” into the search bar at the top of the screen and press “trade”.
Step 5: Buy NYSE:BABA
All that’s left is to buy some NYSE:BABA stock. Simply enter the amount you want to purchase and hit the “buy” button. The amount you bought will be automatically credited to your account where you can monitor its performance.
How And Where To Buy Stocks Conclusion
All in all, NYSE:BABA is an incredibly interesting company that has the potential to solve some major issues in the business space. After reading this guide you should know how to buy this investment using the best broker or platform. We recommend eToro to anyone looking for a regulated, easy-to-use, fully-featured broker to buy Alibaba stocks. As with any broker or online platform, it’s crucial you set up 2FA when using their tools as it ensures your funds are completely safe.
When is Alibaba Group’s next earnings date?
Alibaba Group is scheduled to release its next quarterly earnings announcement on Friday, May 28th 2021.
View our earnings forecast for Alibaba Group.
How were Alibaba Group’s earnings last quarter?
Alibaba Group Holding Limited (NYSE:BABA) released its quarterly earnings data on Monday, February, 1st. The specialty retailer reported $22.03 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.78 by $19.25. The specialty retailer had revenue of $221.08 billion for the quarter, compared to analysts’ expectations of $214.39 billion. Alibaba Group had a trailing twelve-month return on equity of 12.74% and a net margin of 22.56%. The company’s revenue for the quarter was up 36.9% on a year-over-year basis. During the same period in the prior year, the company earned $18.19 earnings per share.
View Alibaba Group’s earnings history.
How has Alibaba Group’s stock been impacted by COVID-19 (Coronavirus)?
Alibaba Group’s stock was trading at $198.91 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, BABA stock has increased by 32.4% and is now trading at $263.32.
What price target have analysts set for BABA?
28 analysts have issued 1 year price objectives for Alibaba Group’s stock. Their forecasts range from $216.00 to $395.00. On average, they anticipate Alibaba Group’s share price to reach $323.04 in the next twelve months. This suggests a possible upside of 22.7% from the stock’s current price.
View analysts’ price targets for Alibaba Group or view top-rated stocks among Wall Street analysts.
Where to Buy Alibaba Stocks Broker Reviews
Launched in 2006, eToro is, in our opinion, without a doubt the best broker for buying NYSE:BABA stocks in the world. The onboarding process is simple, it’s designed to make sure even those new to the stock market are ready to start investing the shortest amount of time possible. As a regulated platform you gain several benefits, most importantly, you know they’re not going to run off with your hard-earned money./
- eToro takes pride in keeping their customers safe, they follow strict data protection rules to keep access to sensitive information to a minimum. Any of the information you provide eToro is even protected by SSL encryption, this ensures that even if someone were to gain access to the servers all your data remains safe.
Over 95% of client funds are kept offline, in cold storage, which is crucial for any broker that manages your assets. Regardless of how secure a platform is meant to be, we recommend using 2FA to add an additional layer of security to your account.
Excellent for both new and experienced traders
eToro offers users a range of features to start investing as quickly as possible. They have a relatively unique feature called copy trading, which lets you earn a passive income by mirroring experienced traders, this allows you to start earning profit quickly, and gives you a better understanding of the strategies used by professionals. Additionally, eToro allows users to invest in managed portfolios, a managed portfolio being a variety of similar assets grouped together, allowing you to diversify your account, reducing any potential risk. For those with previous trading experience, you can invest in markets outside of stocks, as eToro allows users to trade ETFs, commodities, crypto and indices. If you already invest outside of the stock market space this can be very useful, as it allows you to manage all your investments in just one place.
Who are Alibaba Group’s key executives?
Alibaba Group’s management team includes the following people:
Mr. Joseph C. Tsai, Exec. Vice Chairman (Age 57)
Mr. Yong Zhang, CEO & Exec. Chairman (Age 49)
Mr. J. Michael Evans, Pres & Director (Age 63)
Ms. Wei Wu, CFO, Head of Strategic Investments & Director (Age 53)
Ms. Joan Zhou, Investment Director
Michael Yao, Sr. VP & Head of Corp. Fin.
Mr. Li Cheng, Chief Technology Officer (Age 46)
Mr. Robert Lin, Investor Relations
Ms. Siying Yu, Gen. Counsel (Age 47)
Ms. Jennifer Kuperman Johnson, Head of International Corp. Communications (Age 47)
What is Daniel Yong Zhang’s approval rating as Alibaba Group’s CEO?
173 employees have rated Alibaba Group CEO Daniel Yong Zhang on Glassdoor.com. Daniel Yong Zhang has an approval rating of 87% among Alibaba Group’s employees.
Compliance
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Who are some of Alibaba Group’s key competitors?
Some companies that are related to Alibaba Group include Visa (V), Mastercard (MA), PayPal (PYPL), Pinduoduo (PDD), Accenture (ACN), Uber Technologies (UBER), MercadoLibre (MELI), Fidelity National Information Services (FIS), NetEase (NTES), Global Payments (GPN), eBay (EBAY), Zillow Group (ZG), Zillow Group (Z), CoStar Group (CSGP) and MSCI (MSCI).
View all of BABA’s competitors.
What other stocks do shareholders of Alibaba Group own?
Based on aggregate information from BAMagazine watchlists, some companies that other Alibaba Group investors own include NVIDIA (NVDA), Micron Technology (MU), General Electric (GE), (CGC), Netflix (NFLX), Tesla (TSLA), The Walt Disney (DIS), PayPal (PYPL), Advanced Micro Devices (AMD) and salesforce.com (CRM).
What is Alibaba Group’s stock symbol?
Alibaba Group trades on the New York Stock Exchange (NYSE) under the ticker symbol “BABA.”
Who are Alibaba Group’s major shareholders?
Alibaba Group’s stock is owned by a number of institutional and retail investors. Top institutional investors include FMR LLC (0.89%), Fisher Asset Management LLC (0.52%), FIL Ltd (0.46%), Sumitomo Mitsui Trust Holdings Inc. (0.22%), Swiss National Bank (0.17%) and California Public Employees Retirement System (0.16%).
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Which major investors are selling Alibaba Group stock?
BABA stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Jennison Associates LLC, Sumitomo Mitsui Trust Holdings Inc., Russell Investments Group Ltd., FIL Ltd, Manning & Napier Group LLC, State of New Jersey Common Pension Fund D, and Atalanta Sosnoff Capital LLC.
Which major investors are buying Alibaba Group stock?
BABA stock was bought by a variety of institutional investors in the last quarter, including E Fund Management Co. Ltd., Fisher Asset Management LLC, Nisa Investment Advisors LLC, Harel Insurance Investments & Financial Services Ltd., Royal London Asset Management Ltd., Cephei Capital Management Hong Kong Ltd, First Trust Advisors LP, and Discovery Value Fund.
How do I buy shares of Alibaba Group?
Shares of BABA can be purchased through any online brokerage account. Popular online brokerages with access to the stock market include Interactive Brokers Review, eToro Review, DEGiro Review, AvaTrade Review, IG Markets Review, IC Markets Review, CMC Markets Review, Admiral Markets Review and many more. Read one of the reviews to find out everything about the broker and start buying stocks now.
What is Alibaba Group’s stock price today?
One share of BABA stock can currently be purchased for approximately $263.32.
How much money does Alibaba Group make?
Alibaba Group has a market capitalization of $712.45 billion and generates $71.99 billion in revenue each year. The specialty retailer earns $21.10 billion in net income (profit) each year or $6.03 on an earnings per share basis.
How many employees does Alibaba Group have?
Alibaba Group employs 122,399 workers across the globe.
More information
At BAMagazine.com we want to make sure that you have all the most relevant information about buying stocks. We bring you the best guides about the stock market with personal reviews, background information, platform reviews, how to’s and more. Want to get other information? Then check out the OTC stocks, NASDAQ stocks, NYSE stocks, LON stocks, FRA stocks, ETR stocks, EPA stocks, TSX stocks or Amex stocks. Looking for more detailed info like 5g stocks, biotech stocks, gold stocks and other information out of our reportlab.
Frequently asked questions
How to buy Alibaba stocks?
The safest and easiest way to buy NYSE:BABA stocks is by using a regulated broker like eToro or DEGiro. You can open an account with the platform, make a deposit and buy this stock in under 5 minutes from start to finish.
Opening an account with one of these brokers is a smart move, they have been active for more then 10 years, are very safe to use and they have the best platform for novice and experienced traders. If you want to learn more then we suggest you to read our eToro or DeGiro guides.
Where to buy Alibaba stock?
You will first want to find a licensed broker that supports Alibaba stock. One of our favourite brokers, eToro for example, allows you to make investments into this asset from just $25 and only charges you the spread. Another option is using a regulated broker like DEGIRO or Interactive Brokers. You can open an account with these brokers and start buying or trading NYSE:BABA stocks in a safe and complete environment.
Is NYSE:BABA stock a good investment?
As with any other asset, there is an element of risk associated with buying NYSE:BABA stocks. Therefore, you will want to study the market and make a decision based on your financial standing and the risk you are willing to take.
Is Alibaba stock safe to invest in?
All stocks are volatile, or affected by market circumstances. The case with NYSE:BABA is no different, with its price fluctuating dramatically within short periods. As such, if the market goes against you, then you will end up facing a loss. We advice you to do research first before investing in Alibaba stock.
How do you trade Alibaba stocks?
You can trade stocks by first opening an account with a regulated platform and making a deposit in US dollars, EUROs or other currency. Next, search for Alibaba stock and choose from a buy or sell order – depending on whether you think the stock asset will rise or fall in value. If you speculated on NYSE:BABA stocks correctly, you will have made a profit. The size of your trading profit will ultimately be determined by your stake and at what percentage your position grew.
How to sell Alibaba stock?
To sell your NYSE:BABA stocks investment, you can sign in to your broker account and cash out directly from within your portfolio. If you have stored the stocks elsewhere, you will first have to transfer them to a third-party provider or broker to cash out.
What is the best Alibaba stock trading platform?
eToro, is a top-rated platform for beginners, albeit, it charges significantly lower fees. For example, there are no fees to deposit with a debit/credit card and you only need to cover the spread when trading NYSE:BABA stock.
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Stephen Johnson
Stephen knows a lot about financial products and in particular has a great passion for the stock markets and its participants. We hope that the information provided will help you. Something not quite clear? Please leave your questions or comments at the bottom of the page.
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