PDD Holdings: This Retail Disruptor Appears Undervalued

Since PDD Holdings ( PDD ) was last covered (HOLD rating), the stock is up over 70% despite facing an onslaught of challenges in both their home market as well as internationally. In China, they are battling aAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in PDD over the next 72 hours. I wrote this article myse ...