To The Moon

Hi Tigers, 

Have you tried our Tiger Prediction feature? If not, please check out here! By making bullish/bearish predictions in your post, you will have a chance to win free voucher rewards every week! 💰 

Let's take a look at who the winners were last week (25 Nov-2 Dec) and how much "profit" they made! 💰💰💰 

$Pinduoduo Inc.(PDD)$ $XPeng Inc.(XPEV)$ $Coinbase Global, Inc.(COIN)$ $Bilibili Inc.(BILI)$ $Palantir Technologies Inc.(PLTR)$

Congratulations to the following Tiger Friends for winning free voucher rewards @pekss @koolgal @第N次大变革大分流 @Omega88 @Shyon @CYberviRus @Optionspuppy @easonlai ! And let's specially congratulate the Tigers who are “Star Contributors”, you will receive an additional reward of 50 Tiger Coins.

Become a Star Contributor now to win more additional rewards >>

(The stock vouchers will be sent to you within 10 days, and you can check and claim the voucher on [Profile] - [Rewards Center].)

Well, let's then have a look at how some of them made their stock predictions at that time! 

@pekss Bullish on PDD (25 Nov): + 23.05%

$Pinduoduo Inc.(PDD)$  is slated to announce its third quarter earnings results on 27 Nov, among the last of e-commerce giants to do so. With its focus on agricultural produce and emphasis on smaller cities, rather than top-tier cities, overlooked by competition, Pinduoduo has distinguished itself against its e-commerce competitors the likes of $Alibaba(BABA)$ , $JD.com(JD)$ , $Sea Ltd(SE)$ and $Amazon.com(AMZN)$ .

Though regulatory crackdown in the past couple of years on the Chinese technology sector has stifled expansion of the industry and slapped the big techs with fines, Pinduoduo’s corporate strategy of creating a niche business for itself by actively connecting farmers in rural areas with consumers across China has less of a bull eye on its back to the regulators.

Furthermore, although Alibaba, JD, Sea and Amazon have been plagued to varying degrees by prevailing global slowing demands, as consumers around the globe tighten their belts amidst heightened interest rates, demands for agricultural produce have remained strong, given the inelasticity of demand for food.

Hence, while I’m underweight on Alibaba, JD, Sea and Amazon, I continue to be cautiously optimistic on Pinduoduo, and believe that its forthcoming earnings release will help to cheer its stock price upward.

@koolgal Bullish on PDD(27 Nov）: +23.05%

$Pinduoduo Inc.(PDD)$ has done well in Black Friday Sales.  Since launching in the US in September 2022, Temu owned by PDD has leapt to the top of app stores.  Temu is offering Black Friday sales with offers of up to 90% off!  Temu is now live in 47 countries.   Temu's strategy of deep discounting seems to be paying off.

PDD is scheduled to report its 3Q23 earnings on November  28 2023.  Wall Street Analysts expect sales at USD 7.22 Billion, indicating a growth of 44.6% from the previous year quarter.  The consensus mark for earnings per share is USD 1.23, an upside potential of 1.6%.

PDD's share price surged 15% on August 29 after it posted its 2nd quarter results.  Revenue rose 66% year over year to USD 7.21 billion and exceeded Analysts'expectations by USD1. 18 billion.  PDD's net income increased 42% to USD 2.11 billion. 

PDD's earnings have surpassed Wall Street Analysts's estimates in the trailing 4 quarters, the average surprise being 36.5%.

PDD is the 3rd largest ECommerce Chinese company after $Alibaba(BABA)$ and $JD.com(JD)$ It is also the fastest growing of the 3.

PDD carved a niche by selling discount and off brand products across China's lower tier cities.  It also encouraged shoppers to team up across social media to score steeper discounts on bulk purchases. 

Apart from Temu, PDD also owns Duoduo Groceries delivering fresh produce from farmers to customers.PDD has been profitable with rising operating margin over the past 2 years. Wall Street Analysts are bullish on PDD with a Buy rating, Target price of USD 125.53, an upside potential of 5.9%.

I am bullish on Amazon and Pinduoduo as I believe they have exponential growth ahead.  As we head towards December,  let's hope the markets will rally further to end the year with a Big Bang and a great start to 2024.

Feeling excited after seeing these results? Want to know more about these users' opinions? 😆 You can find the [Tiger Prediction] feature by clicking on the [Community] - [For You] section and check it out! We welcome everyone to share their own insights and be the next user on the list!

[Notes] 

1. Your content must be ORIGINAL and published first in the Tiger Community to be eligible for the rewards. Besides, your post must be strongly related to the stock, and you need to state the reasons why you are bullish/bearish on it. The bullish or bearish reason for each stock must be over 200 characters, and it needs to be clear, detailed, and specific, with more extensive explanations preferred. General or vague reasons, such as "I am bullish on stock XX because the technical indicators are oversold" or "I am bearish on stock XX because its fundamentals are poor," will be considered invalid.

2. The cost price of your (simulated) position will be the stock price when you make a prediction post. The Rate or Return(RoR) will be calculated by your cost price & the week's close price of that stock you make predictions on. 

3. For a single stock, you may make predictions multiple times, but only the last one will be counted. 

4.You can provide a comprehensive analysis and predict multiple highly correlated stocks to increase your chances of winning.For example, you can write an original analysis on the semiconductor industry and correlate it with the bullish or bearish stance on multiple semiconductor stocks such as AMD, NVDA, SOXX, and so on.

5. You may make predictions on all the stocks available (around 100 tickers), and the highest five RoRs will be counted in the Weekly Prediction ranking

6.The distribution time for the vouchers will be sent in 10 days after the release of the list. Please be patient and wait for it.

(For more details, please click to check here >>)