1 E-Commerce Stock I Can't Buy Enough Of
The Singapore-based e-commerce and gaming giant Sea Limited (NYSE: SE) has been on a roll this year, with its stock rising 51% year to date. However, this is a rather poor performance for Sea historically: Its annualized return since its IPO in 2017 is over 105%.
This massive return is because of the company's impeccable business performance. The company has become one of the most popular companies in Southeast Asia, growing revenue by over 2,800% since late 2016. Amazingly, this stellar performance has continued: It's still putting up triple-digit year-over-year growth as a $167 billion company. This three-headed dragon is still growing immensely, and its growth opportunities keep expanding, which is why I think Sea Limited has plenty of success ahead.
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Source Fool.com
