$PDD Holdings Inc(PDD)$ The 35% drop after earnings was a buying opportunity because the decline doesn't align with the current fundamentals. Even now, the valuation remains low, and PDD's business is still growing rapidly. Additionally, the significant economic stimulus in China makes PDD a hot Chinese stock at the moment.
$Apple(AAPL)$ AAPL become slow grower in this era with growing rate of under 10%/year. High valuation with slow grow prospect will make this stock underperform or drop in the future
$Hims & Hers Health Inc.(HIMS)$ A good new growth stocks, the PE ratio looks high but its price to sales is around 3 which is still cheap compared to its growth of around 50% yoy
$MercadoLibre(MELI)$ This company is still growing rapidly, with consistent revenue growth of over 30%. The valuation remains high, but the stock price continues to follow the value. It is one of the rare companies that can sustain over 30% growth in the long term.
$PDD Holdings Inc(PDD)$ Irrational exuberance in PDD stock. The market drop doesn't correlate with PDD's financial growth; it's still growing rapidly with over 80% revenue growth. However, the valuation remains very cheap with P/E of just 10, likely because it's a Chinese stock."