MarketWatch: Buy This One Stock (Alibaba)

MarketWatch Opinion: This is the one stock to buy if the stock market crashes, Alibaba (BABA).

Alibaba is the company whose stock is much cheaper than Amazon.  Furthermore, the company itself has better growth prospects and a better business model.

The U.S. stock market is overbought.  And the weak seasonal period is upon us.

If the momentum crowd that has been running up this market panics and their panic results in a big spike down, it may create buying opportunities in many stocks.  I often get asked: “What is the one stock to buy if the market dives?” Even though I advocate a portfolio approach, this is a legitimate question.

#Alibaba stock (BABA) is the one to buy.

Many call Alibaba the Amazon (AMZN) of China.  However, a strong case can be made that this stock is much cheaper than Amazon.  And the company itself has better growth prospects and a better business model than its U.S. rival.

To be successful in the long run, you need an edge.  Let me help you with an edge in Alibaba.

If overall market conditions cooperate, then Alibaba stock has the potential to reach the target zone of $235 to $250.  What’s more it can possibly much higher in the long run.

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