Top 4 Undervalued Stocks for 2024
Smart investors are always trying to get the best possible deal on whatever security or asset they are buying. The better the deal, the higher the chance of generating a substantial ROI. Within this report you'll find 4 stocks selling below intrinsic value with growth potential.
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Shares Stats
| Shares Outstanding | 1,226,329,984 |
| Shares Float | 478,699,674 |
| Shares Short | 15,749,786 |
| Insider Holdings | 105% |
| Institution Holdings | 27.68% |
About Pinduoduo Inc
Pinduoduo Inc., through its subsidiaries, operates an e-commerce platform in the People's Republic of China. It operates Pinduoduo, a mobile platform that offers a range of products, including apparel, shoes, bags, mother and childcare products, food and beverage, fresh produce, electronic appliances, furniture and household goods, cosmetics and other personal care items, sports and fitness items, and auto accessories. The company was formerly known as Walnut Street Group Holding Limited and changed its name to Pinduoduo Inc. in July 2018. Pinduoduo Inc. was founded in 2015 and is headquartered in Shanghai, the People's Republic of China.
General
| Name | Pinduoduo Inc |
| Ticker | PDD |
| Exchange | NASDAQ |
| Sector | Consumer Cyclical |
| Industry | Internet Retail |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 5,828 |
Highlights
| Analyst Target | 173.54 |
| Market Cap | 173,918,126,080 |
| PE Ratio | 20.43 |
| PEG Ratio | 18.31 |
Financials
| Curr Year EPS Estimate | 0.25 |
| Next Quarter EPS Estimate | -0.01 |
| Profit Margin | -0.12 |
| Return on Assets | -0.05 |
| Return on Equity | -0.17 |
| Earnings Per Share | -2.09 |
| Gross Profit | 40,213,224,000 |
| Quarterly Revenue Growth | 1.46 |
Valuation
| Forward PE | 400 |
| Price/Sales (Trailing 12 Mt.) | 28.50 |
| Price/Book (Most Recent Quarter) | 45.63 |
Earnings
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