Wall Street Thinks Sea Limited's Stock Will Double Over the Next Year. Are They Right?
Finding stocks with the potential to double in a year or less is rare, but that's exactly what Wall Street analysts project for Sea Limited (NYSE: SE). With an average one-year price target of $109 against a stock price of less than $50, there's clearly a lot of projected upside.
What does Wall Street know that investors are missing? Or is Sea Limited's stock just that undervalued? Let's find out.
The first thing to know about Sea Limited is that it isn't a U.S.-focused company. Sea in the name is actually a reference to "Southeast Asia," which is also evidenced by its headquarters being in Singapore. It's a multi-faceted business and has a few segments you wouldn't think go together well.
Source Fool.com
