Alibaba (BABA) is an e-commerce and technology infrastructure provider. The company performs through seven segments: China Commerce, International Commerce, Cloud, Digital Media and Entertainment, Cainiao, Local Consumer Services, and Innovation Initiatives. Among other things, it provides merchants and small business owners a platform on which to market and sell their products.
Alibaba’s stock has had its ups and downs this year. Although the stock has gained nearly 50% in the year to date, it is still 15% below its 52-week high due to tensions between the U.S. and China related to tariffs. In a 52-week timeframe, the stock has gained more than 55%.
