Why These 15 Retail Stocks Are Skyrocketing So Far In 2025

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8. Alibaba Group Holding Ltd (NYSE:BABA)

Number of Hedge Fund Holders In Q3 2024: 115

Alibaba Group Holding Ltd (NYSE:BABA) is an e-commerce company that is also aggressively expanding into the data center and AI sector.

The stock has delivered solid gains so far in 2025 as the broader Chinese stock market continues to surge and the company’s involvement with AI and data centers gains recognition, especially after it stated that its latest AI model was better than that of DeepSeek, though it failed to make as big of a splash.

Regardless, revenue from AI-related cloud services grew by triple digits in Q3 2024, and it will likely continue to grow fast in Q4 since China has been pushing its domestic AI models, almost all of which will require data centers in China. Q4 results are expected to be posted on February 20, 2025.

The consensus price target of $115.86 implies 11.72% upside.

BABA stock is up 22.08% year-to-date.

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