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Why the Alibaba Stock Price Is Up Today and Will Climb Higher

The Alibaba stock price is up 1% in early morning trading after the company announced two major deals. Alibaba will create a subscription service for Disney and Pixar movies and has agreed to work with rival Tencent Holdings to place a group bid for Chinese film company Bona Film Group. These two moves are making the BABA stock price jump today, but here's the real reason to be bullish on BABA stock in 2016 and beyond… Tags: Alibaba news , Alibaba Stock , Alibaba stock price , Alibaba stock price 2016 , BABA stock , Baba stock price , BABA stock price 2016 , Nasdaq: BONA , NYSE: BABA To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Why the Alibaba Stock Price Is Up Today and Will Climb Higher appeared first on Money Morning - We Make Investing Profitable .
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