Sea Limited Rises 112% Year to Date: Too Late to Jump Into the Stock?

Sea Limited's (SE) shares have returned 111.7% year to date, outperforming both the broader Zacks Computer & Technology sector and the Zacks Internet Software industry. While the broader sector has returned 22.2%, the industry has appreciated 20.2% over the same timeframe. SE shares are riding on strong top-line growth, driven by its core businesses, which include e-commerce (Shopee), digital financial services (SeaMoney) and digital entertainment (Garena). In the first half of 2024, revenues jumped 19.6% f ...