- Luckin Coffee Inc. is a rare case in which the company managed to resurrect itself after a highly publicized accounting scandal.
- The risks of owning Luckin Coffee shares are significantly lower now as over the past few months both the legal and restructuring issues have been favorably addressed.
- Underlying fundamentals of the company have almost been intact by the scandal and are currently improving despite increased competition in China.
- Despite the rally so far this year, the company still has at least 2x upside and any market selloff should be a buying opportunity.
For further details see:
Luckin Coffee Inc.: Overhang Out, Luck In