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Stock impact report

JOYY Stock: Pros And Cons Of Investing Now [Seeking Alpha]

JOYY Inc. - American Depositary Shares (YY) 
Last joyy inc. - american depositary shares earnings: 3/16 06:00 pm Check Earnings Report
US:NASDAQ Investor Relations: about.yy.com/s/investors.html
Company Research Source: Seeking Alpha
JOYY Inc.'s key positives relate to the high likelihood of an increase in share buybacks and the good chance of a return to positive revenue growth in 2024. I keep my Hold rating for JOYY stock intact, after assessing the pros and cons of a potential investment in the shares. Looking for more investing ideas like this one? Get them exclusively at Asia Value & Moat Stocks. Learn More » Elevator Pitch I have a Hold investment rating for JOYY Inc. NASDAQ: YY ) stock. My previous write-up published on December 9, 2023, looked at the company's Q4 2023 revenue guidance and the extension of the expiry date for its share repurchase program. In the current update, I outline the major positives and negatives for YY shares now. On one hand, YY might execute on more share repurchases in the near term, and it could achieve positive revenue expansion again this year. On the other hand, it is likely that JOYY will record weaker profitability in 2024, and there are question marks regardi Show less Read more
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