5 Best Artificial Intelligence Stocks to Buy Now According to Wall Street Analysts

Page 5 of 5

1. Alibaba Group Holding Limited (NYSE:BABA)

Number of Q4 2023 Hedge Fund Shareholders: 116

Average Analyst Share Price Target: $108

Average Analyst Share Price Target Percentage Upside: 42%

Alibaba Group Holding Limited (NYSE:BABA) is a Chinese eCommerce company that is also one of the biggest technology companies in the world. The firm made a big announcement in April 2024 when it announced its Logistics Marketplace for US businesses.

With a $337 million position, David Tepper’s Appaloosa Management was the top shareholder of Alibaba Group Holding Limited (NYSEBABA) among the funds in our database. Overall, 116 investors were bullish on the company at the end of 2023.

Follow Alibaba Group Holding Limited (NYSE:BABA)

Disclosure: None. You can also take a look at the 10 Best Multibagger Stocks to Buy Now and 20 Countries That Produce the Most Gold in the World.

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and investors. Please subscribe to our daily free newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Follow Insider Monkey on Twitter

Page 5 of 5