This story was originally published here.
Alibaba (NYSE:BABA) is making new all-time highs heading into November, and for good reason. Alibaba stock has several bullish catalysts ahead in the near future, starting with the upcoming Ant Financial IPO.
After the Ant Financial IPO, Alibaba investors will turn their attention to the US election as the stock’s next bullish catalyst.
Third-quarter earnings are up next in early November. And while many hot stocks could potentially get derailed by another wave of coronavirus infections, Alibaba is one of the few that has actually benefited significantly from the pandemic.
Here are all the reasons why investors should be buying Alibaba stock even at all-time highs.
Story continues here.
Dump America’s Most Popular Brand NOW
During times of great volatility, investors often cling to what they’re familiar with… including the stocks of companies they know best.
Fear and conventional wisdom push people to the biggest brands.
But what if I told you that America’s top stock picker — a man with 40 recommendations that have gained at least 1,000% in his career — believes that America’s most popular brand is a “must sell” right now?
That’s exactly what Eric Fry is saying…
Because this giant of the past was doomed with or without the fear of a pandemic. Eric believes it’s one of 25 big-name stocks that are going to experience hard times, even if a coronavirus cure is found tomorrow.
And, remember, Eric is the legendary trader that accurately predicted the collapse of more than 70 stocks. That includes Cisco (fell 75% in a year after his prediction), Tyco (fell 74% in the year after his prediction), and Countrywide Financial (fell 87% in the two years after his prediction).
Instead, Eric believes anyone with money in the market should focus on four companies that are in position right now to help people capture huge market gains.
You probably haven’t heard of a single one of these firms…
But you will.
Get the facts for yourself and be one of the first to learn more about the four stocks you should buy right now… as well as the 25 companies you should sell immediately, on our website, here…
Regards,
Brian Hunt
CEO, InvestorPlace
P.S. Tune in to this video presentation now, while it is still available, and Eric will reveal what he believes will be his next 1,000% winner. The name, the ticker symbol, and why it’s such a screaming buy… it’s all in Eric’s presentation and FREE to view. Just keep in mind, this valuable information won’t be up on our website forever.
