SE - Could Sea Limited Stock Help You Become a Millionaire?
2023-12-12 05:57:45 ET
Sea Limited (NYSE: SE) has gone to both extremes since the pandemic. After rising to a high of $372 in 2021, it fell as much as 91% from those levels in 2023.
Despite that move, past and present share prices show a market willingness to bid the stock higher with a suitable catalyst. Hence, the stock is likely to rise. Still, investors need to take a closer look at its businesses to determine whether it holds the potential to turn small investors into millionaires.
At first glance, Sea Limited's three segments point to significant growth potential. Its fintech arm, Sea Money, has grown rapidly. Shopee, the e-commerce business, leads the Southeast Asian market but faces competition from TikTok and others.
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Could Sea Limited Stock Help You Become a Millionaire?