Bearish Alibaba Stock Price Prediction Misses the Point (NYSE: BABA)

Alibaba stock is down another 2.9% this week after a report from Barron's indicated the e-commerce stock could fall another 50%. Alibaba Group Holding Ltd. (NYSE: BABA) shares hit a high of $120 in the two months following the company's September 2014 IPO. But Barron's issued an Alibaba stock price prediction that sees BABA slipping from its current price near $63 all the way down to nearly $30 per share. But according to Money Morning experts, the Barron's article got it wrong. Tags: Alibaba , Alibaba Barron's , Alibaba Stock , Alibaba stock price , Alibaba stock price prediction , Alibaba stock price today , 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 Bearish Alibaba Stock Price Prediction Misses the Point (NYSE: BABA) appeared first on Money Morning - We Make Investing Profitable .