Alibaba with a massive Monster revenue growth of nearly 50% in 2017

Alibaba went public in 2014. The company is one of the world`s biggest with a market cap of 308,96 billion dollars. Its businesses consist of core commerce, cloud computing, mobile media and entertainment, and other innovation initiatives.

Alibaba will go straight up from start today. Reason? The company is forecasting massive Monster revenue growth of nearly 50 percent in 2017. The target implies sales of up to $34,5 billion dollars, and this is the biggest underlying rise so far since its IPO in 2014.



The stock has gone straight up since its IPO in 2014 and the company is near its all-time high. Some investors are bullish but others are sceptical and warns of odd accounting and an opaque corporate structure.

Investors are divided in ways only stocks with strong charts and a shaky fundamentals tend to do.

To put the company in perspective, Amazones market cap is $478,81 billion. Amazons founder Jeff Bezos knew that the key to success in the market in electronic commerce was not to focus only on a bookstore.

Alibaba is more than a retailer. It also has Taobao, and Alipay to name a few. Over the past few years, it owns established businesses across commerce, cloud computing and media. So, the business model is very similar to Amazon.

Alibaba is the largest e-commerce player and cloud-computing provider in China. An exceptionally strong media empire that is underestimated with a strong growth outlook. Tmall TV is expanding. So are UCWeb, YouKu Tudou, Alibaba Music and in the category Media Entertainment.

Dimensional Fund Advisors LP purchased a new stake in shares of Alibaba Group Holding during the fourth quarter worth about $171,085,000. 35,17 percent of the stock is currently owned by hedge funds and other institutional investors.

Alibaba`s share price is $125,64 before the opening on Thursday. Goldman Sachs Group Inc reissued a «conviction-buy» rating and set a $135,00 price target on shares of Alibaba in a report on Friday, March 17th.

Watch out for Alibaba from start on Thursday. It will skyrocket.



Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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