We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
The Best Options Trade for Alibaba (BABA) Earnings
Read MoreHide Full Article
On Wednesday, November 2nd, Alibaba (BABA - Free Report) will release its second quarter earnings results before the bell. The company is a Zacks Rank 1 (Strong Buy), and have a Value, Growth, and Momentum score of F.
Dave will look at Alibaba’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.
Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Alibaba ahead of earnings.
Alibaba in Focus
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.
Alibaba is expected to report earnings at $0.47 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 36.84% at $0.52 per share, beating estimates of $0.38 a share.
Alibaba is trading around $101 a share, and their 52-week high is $109.87 per share. Their average EPS surprise is 36.84%.
Bottom Line
How should investors play Alibaba ahead of their earnings report? For insights on the best options trades, make sure you are subscribe to Live Trader to see Dave Bartosiak at 1:30 pm this afternoon.
Confidential from Zacks
Would you like to access Zacks' 2 best trades that are not available to the public? Zacks Executive VP, Steve Reitmeister knows which of our experts has the hottest hand and when key trades are about to be triggered. Today he is prepared to pass the Best of Our Best along to you. See these timely buys now >>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
The Best Options Trade for Alibaba (BABA) Earnings
On Wednesday, November 2nd, Alibaba (BABA - Free Report) will release its second quarter earnings results before the bell. The company is a Zacks Rank 1 (Strong Buy), and have a Value, Growth, and Momentum score of F.
Dave will look at Alibaba’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.
Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Alibaba ahead of earnings.
Alibaba in Focus
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.
Alibaba is expected to report earnings at $0.47 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 36.84% at $0.52 per share, beating estimates of $0.38 a share.
ALIBABA GROUP Price, Consensus and EPS Surprise
ALIBABA GROUP Price, Consensus and EPS Surprise | ALIBABA GROUP Quote
Alibaba is trading around $101 a share, and their 52-week high is $109.87 per share. Their average EPS surprise is 36.84%.
Bottom Line
How should investors play Alibaba ahead of their earnings report? For insights on the best options trades, make sure you are subscribe to Live Trader to see Dave Bartosiak at 1:30 pm this afternoon.
Confidential from Zacks
Would you like to access Zacks' 2 best trades that are not available to the public? Zacks Executive VP, Steve Reitmeister knows which of our experts has the hottest hand and when key trades are about to be triggered. Today he is prepared to pass the Best of Our Best along to you. See these timely buys now >>