BABA Stock Set to Soar on This $4 Billion Catalyst in 2016
February 26, 2016 at 16:05 PM EST
Yes, the Alibaba Group Holding Ltd (NYSE: BABA) stock price is still down 16.6% year to date, but the company has just received a new $4 billion catalyst that should drive BABA stock higher in 2016. Before we get to the catalyst, here's why the BABA stock price has been so volatile in 2016... Tags: Alibaba shares , Alibaba Stock , Alibaba stock price , BABA shares , BABA stock , Baba stock price , buy Alibaba stock , NYSE: BABA To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2016 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post BABA Stock Set to Soar on This $4 Billion Catalyst in 2016 appeared first on Money Morning - We Make Investing Profitable .