Recently, Zacks.com users have been paying close attention to Alibaba (BABA). This makes it worthwhile to examine what the stock has in store.
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Alibaba Group Holding is set for a comeback after several years of rising competition and macroeconomic pressures, according to the company's co-founder and chairman Joe Tsai, who is backing the Chinese e-commerce giant to bounce back. Alibaba is "a lot more confident" about its position as one of China's top e-commerce players as it undergoes a restructuring process with new management in place, Tsai told US media outlet CNBC in a report published on Monday. "Where we didn't feel as confident a