4 Reasons to Buy PDD Stock Like There's No Tomorrow
PDD(PDD) The Motley Fool·2024-08-28 10:35
The Chinese e-commerce leader is still firing on all cylinders.PDD Holdings (PDD -4.09%), one of China's top e-commerce companies, was one of the few Chinese stocks that bucked the sector's ongoing sell-off. Its stock price rallied 80% over the past 12 months, while shares of Alibaba (BABA -0.38%) and JD.com (JD 2.25%) declined 5% and 21%, respectively.Given the strong performance, some investors might be wondering if there is any more growth left to tap into. Let's review four reasons why PDD is still wort ...