CPNG - Got $20? Buy This Korean E-commerce Stock Before It's Too Late
2024-03-07 02:59:00 ET
Last week was a big one for Coupang (NYSE: CPNG) . The Korea-based e-commerce platform reported its full-year earnings and saw its stock pop more than 10% after putting up strong growth and profitability in the fourth quarter. Taking a longer view, the stock is way below its high-water mark set back in 2021, off 62% from all-time highs as of this writing.
Coupang is still under $20 a share and looks like a bargain for investors at these prices. Here's why you should consider adding this e-commerce upstart to your portfolio in 2024.
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Got $20? Buy This Korean E-commerce Stock Before It's Too Late