$Pinduoduo Inc.(PDD)$ The stock seems fairly valued at the moment according to my valuation model. It’s trading around 5.96% above my intrinsic value, which means if you buy Pinduoduo today, you’d be paying a relatively fair price for it. And if you believe the company’s true value is $62.25, there’s only an insignificant downside when the price falls to its real value. Is there another opportunity to buy low in the future? Since Pinduoduo’s share price is quite volatile, we could potentially see it sink lower (or rise higher) in the future, giving us another chance to buy. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market.
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