5 Best Retail Stocks To Buy Now

2. Alibaba Group Holding Limited (NYSE:BABA)

Number of Hedge Fund Holders: 112

Alibaba Group Holding Limited (NYSE:BABA) is another broad-line retail company on our list. It is based in Hangzhou, China.

There were 112 hedge funds long Alibaba Group Holding Limited (NYSE:BABA) in the second quarter, with a total stake value of $4.1 billion.

Fawne Jiang at Benchmark reiterated a Buy rating and a $180 price target on Alibaba Group Holding Limited (NYSE:BABA) on October 10.

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