Fed-up investors who dumped Alibaba Group (NYSE:BABA) stock in March will regret it. BABA stock bottomed at $73.28 in mid-March 2022.
The following month, Premier Li Kequiang said it would pause its crackdown on the sector. The shift to promoting economic growth proved helpful to BABA stock.
Shares are up by around 60% from the 52-week low. It only needs less than 50% more in gains to return to yearly highs.
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