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CLOSING UPDATE: Alibaba Group Holding increased further 0.3%, led Retailing sector higher 26 July 2017 17:53 EDT

NEWS BITES - NORTH AMERICA

This is an end of day Alert, produced after today's NYSE market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Alibaba Group Holding, NYSE's largest retailer company by market capitalisation, has lifted 2.2% to trade at $US155.79 vs. the Retailing sector which strengthened 70.7 points (or 2%) to 3,659.1. Representing a weighting of about 44.2% of the sector, the stock accounted for 49.3% of today's gain. The shares have outperformed 80% of the market in the past week. Trading volume was 87% of average at the end of the day. Compared with the S&P 500 Index which rose 0.7 points (or 0.03%) in the day, this represented a relative price increase of 2.2%.

Technical indicators complementing today's significant uptrend:

+ The positive 4.7 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ In the last three months the stock has hit a new 52-week high eighteen times, pointing to a significant uptrend.

+ The price increased 1.7% in the last week and jumped 9.2% in the last month.

+ The present value of USD1,000 invested one year ago is $US1,864 [vs $US1,142 for the S&P 500 Index].

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

+ Price/Earnings/Growth of 0.48 [0.6]

+ Return on Assets 20% [9.3%]

+ Return on Capital Employed 26.7% [23.2%]

Other Bullish Signals include:

+ Interest cover is less leveraged at 42.9 times.

+ Total Liabilities/EBITDA of 1.3 is comfortably below the Joseph Piotroski benchmark of <5.

+ As per the Du Pont analysis, Return on Equity is high at 33.7%. Also, this has improved from 17.8% last year.

Note

Bearish Signals:

Tobin's Q Ratio is 7.3. Compared with the rest of the market the stock is overvalued and ranks in the bottom 3% of stocks by value of Q Ratio.

Overbought/Bearish:

The 0.4% discount to 12-month high of $US156.41 against the 90.1% premium to 12-month low of $US81.95 suggests the climb might be peaking.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

Price/Earnings of 37.7 [22.2]

TODAY'S ALERTS

Afternoon Alert: Alibaba Group Holding increases 1.9%, leads Retailing sector higher

26 July 2017 13:10 EDT

Alibaba Group Holding Ltd. (NYSE:BABA) has increased 1.9% to trade at $US155.30 vs. the Retailing sector which strengthened 64.4 points (or 1.8%) to 3,652.8. Representing a weighting of about 44.1% of the sector, the stock accounted for 46.0% of today's gain. The shares have outperformed 85% of the market in the past month. Trading volume was 1.3 times average so far today.

Morning Alert: Alibaba Group Holding increases 1.4%, leads Retailing sector higher

26 July 2017 11:24 EDT

Alibaba Group Holding Ltd. (NYSE:BABA) has increased 1.4% to trade at $US154.54 vs. the Retailing sector which strengthened 46.6 points (or 1.3%) to 3,634.9. Representing a weighting of about 44.1% of the sector, the stock accounted for 46.7% of today's gain. The shares have outperformed 84% of the market in the past month. Trading volume was 1.1 times average so far today.

Alibaba Group Holding Ltd. (N:BABA)

ISIN: US01609W1027

PermID: 5000066483

CIK: 1577552

CUSIP: 01609W102

Source: www.BuySellSignals.com