BobbyLopez
04-12

Buffett once said to not invest in what you don't understand. I don't know many companies well, but I've looked into CMB a bit. I invested in Meituan earlier this year, although my understanding is still limited. I have a good grasp of how this company makes money and also understand the industry. I think it's going to be very profitable this year. Overall, I feel confident holding onto Meituan. This year, we'll reap the benefits of reduced labor costs, and in the future, we'll benefit from automated delivery. Both will significantly increase the company's profits. I plan to hold onto it for the long term. $MEITUAN-W(03690)$

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment