A major new revelation struck for Chinese e-commerce great Alibaba (NYSE: BABA). The revelation in question comes from a major investor who recently hiked their stake in the company substantially. While that investor seems happy to buy in, I'm much less certain myself. Therefore, I'm shifting to neutral on Alibaba, a company that's looking at a lot of problems, but also a growing slate of opportunities. Alibaba's year in share price so far has been in a state of generally rapid decline. The company enjoyed a terrific January last year, spending much of it on an upward track.
https://www.tipranks.com/news/article/alibaba-stock-gets-boost-from-new-investor-interest?utm_source=advfn.com&utm_medium=referral