🚀💹 Alibaba ($BABA) is lighting up the charts again 🔥. Citi just raised its price targets on both U.S. and Hong Kong shares, citing strong traffic from the Yunqi Conference 🧠 and a bold forecast: Alibaba expects its data center capacity to grow 10x 🏗️⚡. With cloud revenue and capex assumptions lifted, Citi now sees Alibaba ADRs hitting $217, up from $187 — and HK shares targeting HK$215 💰.
💬 My take: 1️⃣ Will I follow Cathie Wood’s trade? Nope 🙅‍♂️. I respect her bold moves, but I prefer my own playbook 📓. Alibaba’s story is strong enough without chasing someone else’s conviction 🧭.
2️⃣ Would I keep holding Alibaba? Yes ✅ — I’m holding until the next target price [Surprised]. With cloud growth, chip strategy, and AI momentum all lining up, I’m not stepping off this train yet 🚂📈.
3️⃣ Is Alibaba worth more than $200? Absolutely 💯. With its cloud business scaling, AI investments deepening, and food delivery gaining traction 🍜, Alibaba is evolving into a full-stack tech powerhouse 🦾🌐. $200 isn’t a ceiling — it’s just a checkpoint. Based on current momentum, I wouldn’t be surprised to see $230–$250 as the next leg up if growth continues 📊🚀.
💭 What’s your move? Holding, trimming, or adding more?