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This Unstoppable Stock Has Grown Sales by 1,092% in 5 Years. Here's Why It's a Buy Right Now

TheMotleyFool

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This Unstoppable Stock Has Grown Sales by 1,092% in 5 Years. Here's Why It's a Buy Right Now: https://g.foolcdn.com/editorial/images/723894/two-friends-taking-a-break-from-shopping-to-sit-at-a-table-smiling-while-checking-one-of-their-smartphones.jpg

When it comes to the digital economy, Sea Limited (NYSE: SE) is a triple threat. It operates three main business segments: e-commerce, digital entertainment (gaming), and digital payments.

Sea Limited was popular among investors throughout 2020 and 2021 because the stay-at-home economy was a tailwind for its portfolio of digital platforms. Its stock soared nearly tenfold during that period, which reflected the company's lightning-quick sales growth.

But the stock has since plunged 77% from its all-time high as investors began to prioritize profits over growth in 2022, and unfortunately, Sea Limited had always sacrificed its bottom line in favor of expansion.

Source Fool.com

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