Barchart.com's Chart of the Day - Alibaba
Jim Van Meerten - Barchart.com - Thu Mar 07, 8:32AM CST
Related Stocks
 BABA - Alibaba Group Holding
SymLastChgPct
BABA179.88-2.26-1.24%

The Barchart Chart of the Day belongs to internet commerce giant Alibaba(BABA). I found the stock by sorting Barchart's Top Stocks to Own list first by the most frequent number of new highs in the last month, then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 1/16 the stock gained 18.94%.

Alibaba Group Holding Limited operates online and mobile marketplaces in retail and wholesale trade, as well as cloud computing and other services. It provides technology and services to enable consumers, merchants, and other participants to conduct commerce in its ecosystem. The Company operates Taobao Marketplace, an online shopping destination; Tmall, a third-party platform for brands and retailers; Juhuasuan, a group buying marketplace; Alibaba.com, an online business-to-business marketplace; 1688.com, an online wholesale marketplace; and AliExpress, a consumer marketplace. Alibaba Group Holding Limited is headquartered in Hangzhou, the People's Republic of China.

BABA

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