The analyst expresses a high conviction bullish stance on Alibaba (BABA) due to its ongoing share buyback activity.
Alibaba continues its buying spree, indicating strong conviction in the stock.
$BABA continues its buying spree. This is conviction
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | +0.0% | +0.8% |
| 1 week | +2.4% | +3.9% |
| 1 month | — | — |
| 3 months | — | — |
| 6 months | — | — |