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RLX - My Oh My RLX Technology Is A Strong Buy
June, 02 2021 10:11 PM
RLX Technology Inc. American Depositary Shares each representing the right to receive one (1) Class A
The stock has fallen 68% from recent highs and is a new public stock. While we made a great trade from $8 to $12, we believe that the stock is a buy again as it falls back following earnings. The growth in revenue is just like other tech with one key distinction: RLX is earnings positive. Valuation attractive based on projected growth, and political risk is baked in at $10-$11 per share. For further details see:
My Oh My, RLX Technology Is A Strong Buy
Stock Information
Company Name:
RLX Technology Inc. American Depositary Shares each representing the right to receive one (1) Class A
Stock Symbol:
RLX
Market:
NYSE
Website:
relxtech.com
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