BABAF - Where Will Sea Limited Stock Be In 5 Years?
- After a broad-market rebound in the past two weeks, SE stock remains down by 48% YTD, though it is up six-fold since its IPO.
- Market players are now wary of non-profitable and weak profitability growth stocks, especially those deemed to have enjoyed pull-forward growth thanks to the pandemic.
- Shareholders were flabbergasted when the Indian government deemed Sea Limited as being “of Chinese origin,” but I sought to explain the rationale.
- SE stock ‘strong sell’ quant rating reflects the company's short-term challenges, exacerbated by the rise of regional super-apps.
- The scrutiny on the growth-at-any-cost approach could make Sea Ltd more sustainable and attractive over time. SE stock is a ‘buy’ with a five-year horizon.
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Where Will Sea Limited Stock Be In 5 Years?