Alibaba Group (BABA ) Is Up 60% In 2017

Alibaba Group Holding Ltd. (BABA ) Stock Has Gained 60.5% So Far in 2017.

Alibaba has been crushing the market this year.  Furthermore, it appears that this will continue for years to come.

Retailers around the world have suffered mightily in 2017.  E-commerce alternatives have kept up their pressure on traditional brick-and-mortar stores.  Hence, #Alibaba shares rose steadily from January to May.  So did fellow e-tailing giant  Then Alibaba held a successful and convincing analyst day in early June.  This sent share prices skyward.  However, Amazon’s stubs took a small haircut due to this international competitor’s apparent rise.

Sales of the China-based online retail giant increased by 60% year over year in the recently reported fourth quarter.  In addition, their revenue growth is accelerating.  You can expect to see a similar growth trend in their free cash flows.  The move from physical retail stores to a new e-commerce model is very real.  And it’s easy to read in Alibaba’s financial results.

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