Why Analysts Are Falling Over Themselves to Upgrade Alibaba

Why Analysts Are Falling Over Themselves to Upgrade Alibaba

Chinese e-commerce giant Alibaba (NYSE: BABA) just held its annual investor conference over the last few days of September. It wasn't the core Taobao, Tmall, and Alibaba marketplaces that boosted enthusiasm -- it was Alibaba's new rising stars. Like its fellow large-cap U.S. stocks, Alibaba has been developing its cloud computing business over the past decade.