Full Truck Alliance: Positive On Strong Q2 Growth And Favorable Volume Guidance
Full Truck Alliance .(YMM) Seeking Alpha·2024-08-23 20:23
031 # II 1 用 Justin Paget Full Truck Alliance Co. Ltd.'s (NYSE:YMM) shares are still awarded a Buy rating based on my assessment of the company's performance and prospects. YMM achieved top line and bottom-line growth rates of over +30% YoY in the recent quarter. Looking forward, the company anticipates that its order volume will increase by at least +20% for the full-year FY 2024. My previous May 24, 2024, update evaluated YMM's shareholder yield and key Q1 2024 financial metrics. In the current write-up, ...