Alibaba Contrarian: Ignore Bulls, Sell This Stock
In a research note to clients covered by Barron’s, the analyst called Alibaba a “core holding”
and said it provides investors with access to ecommerce growth and gives them exposure to a “market leader” as the internet moves into the era of big data.
In a research note to clients, which was covered by Barron’s the analyst said investors
should trim their holdings from a full weight position to a half weight position.