1 Phenomenal Growth Stock to Buy Now Before It Soars 160%, According to Wall Street
Southeast Asian holding company Sea Limited (NYSE: SE) saw its share price tumble 83% in the last two years, dragged down by a combination of disappointing financial results and concerns about the broader economy. But most Wall Street analysts now believe the stock is oversold. Indeed, the median 12-month price target of $94.34 per share implies a 54% upside from its current price, and the highest 12-month price target of $159 per share implies 160% upside.
That bullishness reflects Sea Limited's presence in three large markets. Specifically, it has subsidiaries in e-commerce, digital financial services, and digital entertainment, and all three markets are expected to grow relatively quickly in the coming years.
Here's what investors should know.
Source Fool.com
