This Unstoppable E-commerce Stock Is Up 160% in 2024: Is It Still a Buying Opportunity?

The past five years have been a roller coaster for Southeast Asian super-app Sea Limited (SE -0.38%). After its e-commerce, digital financial services, and video game businesses all boomed during the pandemic, the post-pandemic hangover and rise in interest rates caused the stock to plunge some 90% from its highs.While some investors might have cast off this name, shares are now up roughly 160% this year but still about 70% below their all-time highs. With Sea's businesses finally back on a profitable growt ...