5 Best Quantum Computing Stocks to Buy Now

2. Alibaba Group Holding, Limited (NYSE:BABA)

No of HFs: 166

Total Value of HF Holdings: $28.8 Billion

BABA was mentioned as one of the 10 Best Chinese Stocks to Buy Now. In an article, Baron Opportunity Fund mentioned BABA.

“Alibaba Group Holdings Limited is the largest retailer and e-commerce company in China. Alibaba operates shopping platforms Taobao and Tmall and owns 33% of soon-to-be publicly traded Ant Financial, which operates Alipay, China’s largest third-party online payment provider. Shares of Alibaba were up on sustained core commerce recovery benefiting from improved purchase frequency and spending per order. We believe Alibaba’s core business remains highly profitable, complemented by rapid growth in the cloud business and inflection in the Cainiao logistics and New Retail segments.”