Forget About the "Magnificent Seven." Here's One Stock to Consider in 2024. [Yahoo! Finance]
Sea Limited American Depositary Shares, each representing one Class A Ordinary Share (SE)
Last sea limited american depositary shares, each representing one class a ordinary share earnings: 3/3 06:30 am
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Source: Yahoo! Finance
But just because these giants outperformed in 2023 does not guarantee the same in 2024. For example, Tesla stock has had a tough time in 2024, down close to one-third from its 2023 high. So just buying this group of stocks and hoping for the momentum to continue is not a sure thing. Fortunately, investors could consider other companies of similar business quality for their portfolio. Tencent Holdings Limited (OTC: TCEHY) is one of these companies. Here's a closer look at why that's the case. Tencent owns a group of high-quality and diverse businesses Founded as a small messaging service company (QQ), Tencent has become a conglomerate with business interests spanning multiple industries including social networking, gaming, entertainment, fintech, cloud computing, and more. The core of Tencent's empire lies in WeChat, a social media networking and communication service that has evolved into a super app. With just a single app, Chinese citizens can communicate with their family
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High impacting Sea Limited American Depositary Shares, each representing one Class A Ordinary Share news events
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A roundup of the hottest topics
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News
- Here's Why Sea Limited Stock Rose by 18% Last Month [Yahoo! Finance]Yahoo! Finance
- Sea Limited (NYSE: SE) had its "buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $78.00 price target on the stock.MarketBeat
- Sea Limited (NYSE: SE) had its price target raised by analysts at Barclays PLC from $68.00 to $85.00. They now have an "overweight" rating on the stock.MarketBeat
- Sea Limited to Report First Quarter 2024 ResultsBusiness Wire
- Chinese Metal Tycoon's Heir Buys $62 Million Singapore Mansion [BNN Bloomberg (Canada)]BNN Bloomberg
SE
Earnings
- 3/4/24 - Beat