Is Alibaba a Buy at $114?
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…