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Sea Ltd (SE)

NYSE
Currency in USD
Disclaimer
65.20
-0.93(-1.41%)
Closed
After Hours
65.17-0.03(-0.05%)

SE Comments

Last year everone was ignoring all fundamentals, EPS, PE, Revenue, forward PE. A lot of people thought that staying home is the new way of living, E-Commerce like SE, OSTK, nd so forth were shooting up irrationally. Now the reality is different and the recent correction, dip will, if it has'nt already, margin out a lot of younger investors. so, at this time you can stock with quality stocks and buy more. SE is not a quality stock, It cannot be as pricey as BABA, Bidu when you compare forward earning and current earnings.
Mind to share what is quality stock?
I would pick BABA, Alibaba. It had one bed quarter and that was due to the fine imposed by the Chinese government for antitrust.
One month on, Drake, and SE is 25% higher, close to its ATH. I'm not knocking BABA - which incidentally, is pretty much flat over the same period - but SE seems like a good company to be in, even if somewhat pricey by normal 'fundamentals'. The pandemic is far from over, and SE's other businesses - gaming and internet banking - hold promise, as I see it
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