Is Trending Stock Alibaba Group Holding Limited (BABA) a Buy Now?

Alibaba (BABA) is rated Zacks Rank #3 (Hold) with expected earnings growth of +144.3% for the current quarter and +67.1% for the fiscal year. The stock has returned +1.9% over the past month, underperforming the S&P 500's +2.4%. Revenue growth is projected at +14.8% for the current fiscal year. The company trades at par with peers with a C valuation grade, suggesting it may perform in line with the broader market in the near term.