The U.S. will likely emerge the winner in a "cold currency war" that is heating up, an expert said.Currenciesread more
These box office numbers do not include the cost of production or marketing costs. They also don't count the billions in merchandising that Disney has made over the last...Entertainmentread more
The Iranian Intelligence Ministry held a briefing on Monday where they announced the alleged spies were Iranian citizens but trained by the CIA.World Newsread more
Tariffs are the only instrument left for addressing China's systematic and excessive surpluses on its U.S. trades, writes Michael Ivanovitch.US Economyread more
Facebook, Amazon and Alphabet, a collective $2.3 trillion in market cap, are reporting in the coming week. Here's what to watch.Trading Nationread more
The U.K. will find out who its next prime minister will be this week as voting within the U.K.'s ruling Conservative Party comes to a close.Europe Politicsread more
A settlement could reportedly come as soon as Monday.Technologyread more
In its latest attempt to build market credibility, China on Monday launched the Science and Technology Innovation Board, or "STAR Market," on which 25 companies were listed.China Economyread more
When Cathy Hsu and Tony Hsieh wanted to build an English language app for Chinese children, they decided to follow Facebook and Google's lead.Start-upsread more
Stocks in Asia were lower on Monday, as shares on a new Nasdaq-style technology board on the Shanghai Stock Exchange skyrocketed on their debut day.Asia Marketsread more
Alibaba has plenty of potential growth ahead of it, OptionMonster's Pete Najarian said Monday.
The Chinese e-commerce giant this week is expected to see $8.17 billion in sales on Singles' Day, China's equivalent of Cyber Monday.
On CNBC's "Halftime Report, " Najarian, who owns the stock, said positive revenue numbers and monthly active user growth speak well for the company's prospects.
"They also still have the leverage, I think, for expansion," he added, noting that Alibaba founder Jack Ma had expressed an interest in forging a partnership with Apple CEO Tim Cook.
"I think this is a growth story. I don't think $110, $120—I don't think that's the top," Najarian said. "I think the stock can get to $150."
Ritholz Wealth Management CEO Josh Brown said he played the sector via Chinese Internet exchange-traded fund KWEB, with Alibaba accounting for 10 percent its holdings.
"The thing to keep in mind about China, they did not spend the last 30 years building out Wal-Marts and Targets everywhere. So, now that people have more disposable income, they want to spend money on things like Singles' Day, for example," he said. "They don't have a million options in stores down the street. They're increasingly using Alibaba."
Brown said Alibaba's fortunes are tied to the growth of a middle class in China.
"There are a multitude of ways to play it. There have been a lot of big winners in the space. And there will be going forward," he said. "BABA is the best going forward right now. May not be the case three months, six months, a year from now because it's not just what you own, it's at what price you buy it. There are cheaper Chinese Internet names that I think will benefit as well."
TheStreet CIO Stephanie Link noted that with a valuation at 49 times earnings, Alibaba stock was "not cheap."
"I don't know what you want to go full-bore in today," she said. "Maybe you can see a little of the volatility and buy on a dip if you get it."
Joe Terranova of Virtus Investment Partners said institutional money was going to become a factor.
"Now you hear the fundamental earnings story, and those like myself who sat back passively and didn't trust the company, they're going to come in," he said. "You're going to see the institutional mutual fund side own this company in 2014. I expect it to be a very strong winner, and it could easily Pete's target."