Name: Should you buy Alibaba?
Uploaded: 2014-09-16
Duration: 1 min 36 s
Description: Should you buy Alibaba?

The Alibaba craze seems to be in full swing and questions abound over whether it's worth being a part of what's been called the potentially the biggest IPO ever. Comparisons of bigger than Amazon and Ebay combined. Alibaba is arguably the world's largest e commerce company with the main sites of Alibaba. com Taobao and TMall. It's largely seen as a conglomerate U. S. companies must deal with in order to get a foothold in China. Founded by billionaire Jack Ma, the company decided to go public on the New York Stock Exchange after a deal in Hong Kong failed, reportedly because the company wanted to retain control of its. Board nominations. Just Monday, the Wall Street Journal reported Alibaba raised it's projected price range to around $ 66 to $ 68 a share up from the previous projections of $ 60 to $ 66. That would put the best case scenario of the total money raised by going public around $ 21. 8 billion with the potential to still climb to the $ 25 billion range. But should you buy? The opinions vary and of course, there are a lot of them. Fortune Shawn Tully says no because of the enormous early expectations. The Chinese online market has a great future, and Alibaba could very well continue on its path to success. But that's not enough- in fact, not nearly enough to make it a good investment. Not to mention, many analysts are worried about a potential tech stock bubble bursting in the coming months. But the success of Alibaba up to. To this point is unquestioned. The retail giant handles 86 % of the online retail sales in China.