PDD Holdings Inc. (PDD): Among 12 High Growth Large Cap Stocks to Buy Now

Insider Monkey11-16 01:18

We recently published a list of 12 High Growth Large Cap Stocks to Buy Now. In this article, we are going to take a look at where PDD Holdings Inc. (NASDAQ:PDD) stands against other high growth large ...

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(PDD): Among 12 High Growth Large Cap Stocks to Buy Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-16 01:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/pdd-holdings-inc-pdd-among-171807315.html><strong>Insider Monkey</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We recently published a list of 12 High Growth Large Cap Stocks to Buy Now. In this article, we are going to take a look at where PDD Holdings Inc. (NASDAQ:PDD) stands against other high growth large ...</p>\n\n<a href=\"https://finance.yahoo.com/news/pdd-holdings-inc-pdd-among-171807315.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"OEF","symbol_name":"标普100指数ETF-iShares","start_time":0,"source_url":"https://finance.yahoo.com/news/pdd-holdings-inc-pdd-among-171807315.html","article_id":"2483300088","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/3..ctGz84CMxOTpAjUrcSQ--~B/aD04MTY7dz0xNDU2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/c2e756945297bbe626edf5a1612a7dd7"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483300088","pubTimestamp":1731691087,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"We recently published a list of 12 High Growth Large Cap Stocks to Buy Now.In this article, we are going to take a look at where PDD Holdings Inc.  stands against other high growth large cap stocks.BlackRock highlighted that its portfolio managers are broadly optimistic about US equities. 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The firm believes that such an unusual backdrop strengthens its view that the environment is being dominated by structural forces and not by a typical business cycle.Overall, the firm remains overweight on the US given the positive view on the AI theme","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"OEF":"标普100指数ETF-iShares","BK4516":"特朗普概念","LU0633140727.USD":"AB EMERGING MARKETS MULTI ASSET PORTFOLIO \"AD\" (USD) INC","VOO":"Vanguard标普500ETF","QLD":"纳指两倍做多ETF","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","IVV":"标普500指数ETF","LU0823426480.USD":"法巴中国股票经典Dis","TQQQ":"纳指三倍做多ETF","BK4553":"喜马拉雅资本持仓","LU0348827113.USD":"ALLIANZ RCM CHINA \"AT\" ACC","LU0594300419.USD":"富达中国消费基金A","LU1048588211.SGD":"Blackrock Asian Dragon A2 SGD-H","LU0359201612.USD":"贝莱德中国基金A2","LU0516422440.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"A\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","SDS":"两倍做空标普500ETF","UPRO":"三倍做多标普500ETF","BK4509":"腾讯概念","QID":"纳指两倍做空ETF","LU0516422952.EUR":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (EUR) ACC",".IXIC":"NASDAQ Composite","BK4501":"段永平概念","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","LU1791807156.HKD":"BGF WORLD FINANCIALS \"A2\" (HKDHDG) ACC","BK4588":"碎股",".SPX":"S&P 500 Index","LU1868838027.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES \"8\" (USD) ACC","OEX":"标普100","SG9999014674.SGD":"Nikko AM All China Equity A SGD","BK4552":"Archegos爆仓风波概念","LU1769817179.HKD":"UBS (LUX) EQUITY SICAV - GLOBAL EMERG MARKETS OPPO \"P\" (HKD) INC","SG9999002562.SGD":"LionGlobal Asia Pacific SGD","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","SSO":"两倍做多标普500ETF","SH":"标普500反向ETF","LU0516423091.SGD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (SGD) ACC","SPXU":"三倍做空标普500ETF","LU0588546209.SGD":"Eastspring Investments - China Equity Fund AS SGD","SQQQ":"纳指三倍做空ETF","PSQ":"纳指反向ETF","PDD":"拼多多","SPY":"标普500ETF","LU0370786039.SGD":"Fidelity Greater China A-SGD","LU0328353924.USD":"UBS (LUX) EQUITY SICAV - GLOBAL EMERGING MARKETS OPPORTUNITY (USD) \"P\" (USD) ACC","LU0821914370.USD":"贝莱德亚洲成长领袖A2"},"translate_title":"拼多多控股公司(PDD)：立即买入的12只高增长大盘股","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PDD":1,".IXIC":0.9,"VOO":0.71,"SPY":0.71,"PSQ":0.6,"OEF":0.6,"OEX":0.6,"UPRO":0.6,"SSO":0.6,"QID":0.6,"QLD":0.6,"SDS":0.6,"SH":0.6,"SPXU":0.6,"TQQQ":0.6,"SQQQ":0.6,".SPX":0.6,"ESmain":0.6,"MNQmain":0.6,"NQmain":0.6,"IVV":0.6},"content_text":"We recently published a list of 12 High Growth Large Cap Stocks to Buy Now. In this article, we are going to take a look at where PDD Holdings Inc. (NASDAQ:PDD) stands against other high growth large cap stocks.\nBlackRock highlighted that its portfolio managers are broadly optimistic about US equities. Its portfolio managers opine that there is still some expected upside potential, despite the steep US stock valuations. However, the contrast between lagging European economic growth, and stock performance, is stark. The US Fed decided to reduce the policy rate by another 25 bps in a recent meeting as the apex bank sees inflation moving closer to its target of 2%.\nHowever, the financial conditions remain loose after a historically sharp tightening cycle. The firm believes that such an unusual backdrop strengthens its view that the environment is being dominated by structural forces and not by a typical business cycle.\nOverall, the firm remains overweight on the US given the positive view on the AI theme. The valuations for AI beneficiaries have strong backing as technology companies continue to beat high earnings projections. The asset manager believes that falling inflation continues to ease pressure on corporate profit margins.\nHigh-Single Digit Growth in S&P 500\nGoldman Sachs Research’s projections for the S&P 500 Index of stocks remain broadly the same as it was before Trump’s win. As per David Kostin, the chief US equity strategist at the firm, the S&P 500 is expected to reach 6,300 in the upcoming 12 months. The researchers expect growth in EPS of 11% in 2025 and 7% in the following year. That being said, David Kostin highlighted that the estimates might change as and when the new administration’s policy agenda gets revealed. Overall, strong earnings growth is expected to fuel continued equity market appreciation into next year.\nHistorically, the S&P 500 index generated a median return of 4% between election day in November and calendar year-end, as per Goldman Sachs. Together with the resilience in broader economic growth data and the expectation for further rate cuts, the near-term outlook for US equities remains healthy, as per Kostin.\nREAD ALSO: 7 Best Stocks to Buy For Long-Term and 8 Cheap Jim Cramer Stocks to Invest In.\nUS Tariffs’ Impact\nSeveral investors remain focused on trade policy, and Mr. Trump might have plans to implement some of the tariffs without legislation. Goldman Sachs believes that Trump will impose tariffs on imports from China. These are expected to average an additional 20 percentage points. Furthermore, European companies can face tariffs. The large investment bank also highlighted that, during Trump’s previous administration, domestic-facing and defensive industries, including utilities, telecom services, and real estate, outperformed. On the other hand, the stocks of automobiles, capital goods, and technology hardware underperformed.\nThe company believes that M&As might increase under Trump’s presidency. Though the policy uncertainty will take time to recede, there are expectations that antitrust regulation will be more relaxed. Moreover, the continued economic expansion and higher confidence among CEOs might result in increased corporate combinations. Approximately, $4 trillion of corporate spending in the next calendar year might roughly get evenly split between returning cash to shareholders and growth investments (such as CapEx, R&D, and M&A).\n A financial analyst on a business call, studying a portfolio of stocks. \nOur Methodology\nTo list the 12 High Growth Large Cap Stocks to Buy Now, we sifted through several online rankings and a screener. We extracted the stocks that have a healthy 5-year revenue growth and a market cap of more than $10 billion. Finally, the stocks were ranked in ascending order of upside potential, as of 12th November.\nWhy are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).\nPDD Holdings Inc. (NASDAQ:PDD)\n5-Year Revenue Growth: ~74.9%\nAverage Upside Potential: ~44.2%\nMarket cap as of 12 November: $157.7 billion\nPDD Holdings Inc. (NASDAQ:PDD) is a multinational commerce group, which owns and operates a portfolio of businesses.\nMarket experts believe that PDD Holdings Inc. (NASDAQ:PDD)’s strength in its e-commerce business model appears to be a major positive, which should drive its long-term growth. Also, the analysts are optimistic about the company’s Pinduoduo platform due to its wide range of product offerings, such as agricultural produce, apparel, shoes, food and beverage, electronic appliances, and furniture, among others. Next, PDD Holdings Inc. (NASDAQ:PDD)’s growth trajectory is expected to be also supported by the strengthening of its Temu platform. This is an innovative online marketplace, which capitalizes on online ads, social media, coupon codes, and games in a bid to attract and retain users.\nThe accelerated path to profitability for Temu demonstrates PDD Holdings Inc. (NASDAQ:PDD)’s effective cost management and scalability in its business model. Also, it exhibits that its strategy of leveraging the experience from the Chinese market to expand internationally continues to yield favorable outcomes.\nIts innovative approach to e-commerce, mainly its group-buying model integrated with social media platforms, appears to be well-received by Chinese consumers. Furthermore, Temu’s success might offer PDD Holdings Inc. (NASDAQ:PDD) a valuable hedge against potential slowdowns or higher competition in the domestic Chinese market. Through diversifying the revenue streams geographically, the company can reduce its dependency on a single market.\nAs per Wall Street analysts, the shares of PDD Holdings Inc. (NASDAQ:PDD) have an average price target of $168.99. Baron Funds, an investment management firm, released its Q3 2024 investor letter. Here is what the fund said:\n\n“During the third quarter we re-initiated a small investment in PDD Holdings Inc. (NASDAQ:PDD). We believe the company is truly unique in the global e-commerce landscape, with an innovative business model, and very strong growth prospects. Founded in 2015 as Pinduoduo, the company has grown into China’s second-largest e-commerce player, capturing over 20% market share. PDD’s Consumer-to-Manufacturer (C2M) model, which connects manufacturers directly to consumers eliminated intermediaries, allowing for ultra-low prices that attract price-sensitive consumers and small merchants. Its discovery-based, algorithm-driven shopping experience has created a highly engaging platform, driving user and merchant growth in a virtuous cycle. We expect PDD to continue gaining share in China given its dominance in the value-for-money segment, growing branded product offerings at affordable prices, and high operational efficiency. PDD’s network effects and cost advantage, supported by its lean structure and efficient C2M model, are set to grow as it scales, both domestically and internationally. Its cross-border e-commerce platform, Temu, launched in September 2022, has rapidly become one of the world’s fastest-growing apps. Leveraging China’s excess capacity and PDD’s supply-chain efficiency, Temu wields strong pricing power over Chinese suppliers and attracts overseas consumers with competitively priced products. While still in early stage, Temu has achieved 2% of the global ex-China e-commerce market and a variable breakeven in the U.S. market, underscoring PDD’s focus on sustainable growth. Despite its rapid growth and profitability, PDD trades at a double-digit free cash flow yield (despite losses from the early-stage international expansion through Temu), significantly below sector peers. While concerns over geopolitical tensions exist, we believe PDD’s growing competitive edge, strong cash flow, and disciplined management position it to create substantial long-term value for shareholders.”\n\nOverall, PDD ranks 5th on our list of  12 High Growth Large Cap Stocks to Buy Now. While we acknowledge the potential of PDD as an investment, our conviction lies in the belief that some deeply undervalued AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued AI stock that is more promising than PDD but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.\nREAD NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.\nDisclosure: None. This article is originally published at Insider Monkey.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483300088"}