JOYY (NASDAQ: YY) is a player in the social-media space that could post big growth over the next five years, but you probably wouldn't guess it based on the stock's recent performance.
The Chinese company, which was known as YY before a name change in December, has expanded its product offerings and appears primed for expansion, but the stock has languished due to a slowdown for one of its main platforms and crackdowns on video-streaming services in China.
The recent sell-offs in the broader market stemming from concerns about the spread of the coronavirus have made JOYY stock even cheaper. Shares trade at roughly 11 times this year's expected earnings, and the company is also valued at less than 1.4 times expected sales. For investors seeking exposure to video-focused social media in emerging markets, JOYY stock is an attractive play that could deliver big returns.
Source Fool.com