Alibaba Group Holding (BABA): A Promising Investment Among Michael Burry's Picks

Reported 1 day ago

Alibaba Group Holding Limited (BABA) is highlighted as one of Michael Burry's stock picks with significant upside potential, ranking fifth on a recent list. Despite facing regulatory and market challenges, Alibaba's rapid expansion in cloud computing services and AI adoption offers optimistic growth prospects. Barclays has maintained an Overweight rating on Alibaba, projecting a price target of $180, underlining the company's focus on AI innovations amidst ongoing market fluctuations.

Source: YAHOO

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