CPNG - A Once-in-a-Generation Investment Opportunity: 1 High-Growth E-Commerce Stock to Buy Now and Hold Forever
2024-06-15 08:30:00 ET
Amazon is one of the best-performing stocks of all time. The e-commerce and technology giant is up over 1,000x since going public by taking advantage of the huge consumer shift from in-person to online shopping (among other things).
It is still a great business, but at a market capitalization of $1.9 trillion it is highly unlikely to replicate the returns of the last couple of decades. This may be disappointing for new investors who have missed the boat on most of Amazon's gains. But what if I told you investors could own shares in the next Amazon out of East Asia?
Enter Coupang (NYSE: CPNG) . The South Korean e-commerce giant is taking its home country by storm and expanding to new markets. Here's why it could be a once-in-a-generation investment opportunity at today's price.
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A Once-in-a-Generation Investment Opportunity: 1 High-Growth E-Commerce Stock to Buy Now and Hold Forever