$PDD Holdings Inc(PDD)$
Are you kidding me? Even after all the bad news EPS is expected to grow 20% next year to $14.4, which means it's trading at 6.5 next year EPS. So it's now trading at a valuation less than a bank, utility company, consumer staples etc. I know China stocks have low valuations but this one is insane.
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