Deeply Undervalued Weibo Stock Is Ripe for a Reversal
WB(WB) MarketBeat·2024-04-03 12:01
Key PointsWeibo is ripe for reversal because it is deeply undervalued after years of downtrend. Analysts lowered their targets, but the market overextended and is now below the low end of the range. Weibo issued another special dividend and may begin regular payments soon, a catalyst for the market. 5 stocks we like better than WeiboWeibo NASDAQ: WB stock is deeply undervalued and ripe for a reversal. The stock is trading at only 5x its earnings, the lowest among China’s social media operators, and analysts ...