Alibaba’s run has been impressive, and the momentum across AI, cloud, and food delivery is real. The fact that they’re developing their own chips with Baidu shows long-term strategic strength, reducing dependence on Nvidia and boosting China’s domestic AI ecosystem.
Personally, I’d consider trimming some profits around $170–175 to lock in gains, but keep a position open toward $190 given institutional upgrades. If the stock pulls back to $150, I’d still see it as a strong buy zone, provided the fundamentals in AI and cloud adoption continue to accelerate.
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