Alibaba Stock Still a Buy (NYSE: BABA)

Alibaba stock was dealt another huge blow this weekend when Barron's wrote a report saying the Chinese e-commerce company's stock could drop another 50%. Alibaba Group Holding Ltd. (NYSE: BABA) was down another 3.2% in afternoon trading following the report. Alibaba stock is now down nearly 40% this year to $62.50. But according to Money Morning Chief Investment Strategist Keith Fitz-Gerald, the Barron's report was majorly flawed... Tags: Alibaba , Alibaba Barron's , Alibaba Stock , Alibaba stock price , Alibaba stock price today , baba , BABA stock , Baba stock price , Barron's Alibaba , NYSE: BABA To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Alibaba Stock Still a Buy (NYSE: BABA) appeared first on Money Morning - We Make Investing Profitable .