It Is Time To Own Alibaba Group Holding Ltd (BABA) & eBay Inc (EBAY) Stock: Pete Najarian & Tim Seymour

Alibaba Group Holding Ltd (NYSE:BABA) has been among the top picks for many analysts and investors towards the end of 2014. During the last quarter in 2014, the stock almost touched $120 mark and settled around $110 towards end of the year. Many analysts still believe that this stock is one to watch in 2015 as well. eBay Inc (NASDAQ:EBAY) had a decent holiday season in 2014, with share prices increasing by more than 4% since October 2014. Fast Money traders Tim Seymour and Pete Najarian talked on CNBC’s Final Call about their calls on Alibaba Group Holding Ltd (NYSE:BABA) and eBay Inc (NASDAQ:EBAY).

Alibaba, is BABA a good stock to buy, Kayla Tausche, Jack Ma, China,

Tim Seymour pointed out his suggestion earlier to buy Alibaba Group Holding Ltd (NYSE:BABA) stock when it breached the $100 mark. Even though Alibaba Group Holding Ltd (NYSE:BABA) stock is hovering above $100 mark for quite some time, he feels that it is good time to buy that stock. He thinks that this stock is not cheap to buy, but are going to absolutely dominate in that space.

“I said Alibaba, when it got near $100, I wanted to buy it back today. We bounced off $100. It’s an interesting time to get into this stock. It’s not going to be cheap. But, they dominate their space,” Seymour said.

Pete Najarian pointed out that lot of activities were happening in the eBay Inc (NASDAQ:EBAY) stock on Monday and he feels that it is right time to get back into this stock. He mentioned that this stock might go higher and it can even touch $60 pretty soon. Najarian was very optimistic about eBay Inc (NASDAQ:EBAY) stock.

“Lots of activities around the eBay today. I think its time to own this once again. I think its going higher to touch $60,” Najarian said.

Disclosure: None

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