Should You Buy Alibaba Stock Right Now?

By Parkev Tatevosian, CFA – Jan 18, 2023 at 6:15AM

NYSE: BABA

Alibaba Group

Market Cap

$169B

Today's Change

(2.59%) $1.83

Current Price

$72.51

Price as of April 23, 2024, 4:00 p.m. ET

The e-commerce giant could capture a tailwind from China's economic reopening.

Alibaba (BABA 2.59%) has proliferated in China's massive economy. This video will answer if investors should buy Alibaba stock right now.

*Stock prices used were the afternoon prices of Jan. 15, 2023. The video was published on Jan. 17, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.