![]() This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. From 2000 – 2018, while the S&P averaged +4.8% per year, our top strategies averaged up to +56.2% per year. This outperformance has not just been a recent phenomenon. Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2018, while the S&P 500 gained +15.8%, five of our screens returned +38.0%, +61.3%, +61.6%, +68.1%, and +98.3%. Long-term earnings growth for Expedia, and ASOS Plcis currently projected at 13.4%, 23% and 8%, respectively. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. and ASOS Plc ( ASOMY Quick Quote ASOMY - Free Report), each carrying a Zacks Rank #2 (Buy). ( EXPE Quick Quote EXPE - Free Report), International, Ltd. ![]() Some better-ranked stocks in the same industry include Expedia Group, Inc. Per the partnership, the company will provide an array of enterprise services to its members on a single unified platform.Īll these endeavors will boost Alibaba’s stake in the enterprise project management and collaboration space.Īlibaba Group Holding Limited Price and ConsensusĪlibaba Group Holding Limited Price and Consensus | Alibaba Group Holding Limited QuoteĬurrently, Alibaba carries a Zacks Rank #3 (Hold). Just recently, Alibaba unveiled A100 business partnership program in a bid to boost digital transformation in a large number of companies. Given the growing position of the company’s cloud business in China and aggressive international expansion strategies, we believe that cloud computing will be one of the major growth drivers in the long run. Early this year, Alibaba acquired an open source big data firm, Data Artisans, for a total of €90 million ($103 million), in order to expand its share in the enterprise space.Īlibaba’s cloud computing has significant growth opportunities, driven by robust product portfolio, strengthening IoT capabilities and key offerings. Moreover, it has expanded itself on a global basis, which is considered to be a key differentiator, giving it a competitive advantage.Īcquisitions and partnerships have helped the company in shaping its growth trajectory and diversifying business. The company has invested in big data and AI technologies. It provides real-time communication services for modern enterprises, and helps users to store and distribute files.Īt a time when Alibaba is focused on cloud business, streaming services and other growth areas, expanding into infrastructure technologies makes complete sense.Īlibaba has introduced several products and enhancements over the past few years. ![]() Teambition is a firm that has vital platforms designed to plan and manage projects competently. Nowadays, the need of a platform through which enterprises can communicate, collaborate and effectively manage their projects has been gaining a lot of momentum. This agreement will help the company strengthen its position in the Chinese market, and gain a stronger foothold in the growing Asian region and beyond. ![]() With this buyout, Alibaba aims to accelerate enterprise-related technologies, and further develop a collaborative management platform across office departments and business units. Its investors include Tencent, Microsoft, IDG Capital and Gobi Ventures. It provides basic applications such as Tasks, Files, Group Chat and many plug-in functions that allow team members to work together at any time. Teambition is a provider of mobile and desktop apps that facilitate teamwork. However, other details related to the acquisition have been kept under wraps. Reportedly, Alibaba Group Holding Limited ( BABA Quick Quote BABA - Free Report) has acquired a China-based firm, Teambition.
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