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Is Alibaba a Buy at $114?

0 | By Strategic Tech Investor Staff

Alibaba Group Holding Ltd. (NYSE: BABA) stock is looking awfully attractive after the company posted $9.3 billion in sales on Tuesday – Singles Day.

That’s China‘s response to Valentine’s Day – and now the single-most-lucrative online shopping day in the world.

And that $9.3 billion is double the Chinese e-commerce giant’s sales the same day in 2012.

Michael appeared on Fox Business yesterday to let everyone know how he’s playing Alibaba stock right now…

 



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