BABA
Alibaba group a great move ! The potential of the idea is 18,8% in 2--6 weeks.
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.
Risk/reward ratio 3.94
Target 120
Stop 96.
This announcement is for information purposes only and does not constitute an individual investment recommendation or an offer to purchase such securities.
LASVEGAS 13 is a market signals, ideas, trade forecasts since 2010