Company Overview - PDD Holdings Inc. (NASDAQ:PDD) is recognized as one of the best and cheap stocks to buy currently [1] - The company operates as a multinational commerce entity connecting businesses and consumers through digital platforms [5] Industry Competition - Major Chinese e-commerce players are engaged in a pricing war to capture instant retail market share, which is expected to negatively impact short to medium-term profits [1] - The competition intensified in the second quarter of 2025, with key industry players offering discounts and coupons to attract customers [2] Financial Performance - PDD Holdings Inc. reported an EPS of $3.09, exceeding Wall Street estimates by $1.03, and revenue of $14.54 billion, surpassing estimates by $178.40 million [3] - Despite strong financial results, the co-CEO cautioned that profit levels are unsustainable due to ongoing pricing competition, indicating potential fluctuations in future quarters [3] Analyst Sentiment - Wall Street analysts maintain a largely bullish outlook on PDD Holdings Inc., with some expressing caution [4] - Price targets have been adjusted, with CMB International Securities raising the target from $134.5 to $146.3 while maintaining a Buy rating, and DBS maintaining a Hold rating with a target of $120 [4]