12 Cheapest Stocks with Biggest Upside Potential

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4. Alibaba Group Holding Limited (NYSE:BABA)

Upside Potential: 46.71%

Forward P/E Ratio as of January 15: 8.49

Stock Price as of January 15: $81.68

Number of Hedge Fund Investors: 115

Alibaba Group Holding Limited (NYSE:BABA) is one of the world’s most valuable tech giants that offers a wide range of services including online retail, cloud computing, digital media, and entertainment. The company’s core business segments include Taobao and Tmall, Alibaba Cloud, Alibaba International Digital Commerce (AIDC), and other diverse ventures.

Alibaba Group Holding Limited (NYSE:BABA) is focusing on improving the overall user experience on its platforms, particularly Taobao and Tmall. This includes increasing purchase frequency and enhancing customer loyalty through initiatives such as the 88VIP membership program. The company has also implemented industry-standard software service fees and expanded the adoption of its AI-powered marketing tool, Quanzhantui, which helps merchants improve their marketing efficiency. Moreover, Alibaba Group Holding Limited (NYSE:BABA) is investing in advanced technology and AI infrastructure to deliver more reliable and cost-effective AI solutions across various industries.

Alibaba Group Holding Limited (NYSE:BABA) is also making efforts to improve the operational efficiency of its loss-making businesses, such as local services and digital media and entertainment. The company is focusing on strengthening synergies between its various business units, particularly in areas like global logistics, to create a more integrated and efficient ecosystem.

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