BILI Shares Rise 59% Year to Date: Should Investors Buy the Stock?

Bilibili (BILI) shares have surged 59.2% year to date (YTD), outperforming the Zacks Computer & Technology sector’s appreciation of 30.5% and the Zacks Internet - Services industry’s return of 31.1%.BILI shares have also outperformed peers like Tencent (TCEHY) , iQIYI (IQ) and Huya (HUYA) in the same time frame.While TCEHY shares have soared 36.3%, HUYA and IQ shares have lost 18% and 57.5%, respectively, YTD.BILI’s performance can be attributed to strong mobile game revenues, driven by a diverse portfolio, ...