Love Amazon? This Alternative Stock Might Have Higher Upside.
From Nasdaq: 2024-04-07 15:46:00
Tech giant Amazon (NASDAQ: AMZN) has expanded beyond e-commerce to include shipping logistics, digital advertising, cloud computing, healthcare services, and more. Singapore’s Sea Limited (NYSE: SE) offers e-commerce, video games, and fintech services, with a growing global operation. Despite Sea stock being down 85%, it may be a better buy than Amazon due to its potential growth.
Amazon’s operating profits have soared due to Amazon Web Services (AWS) but pulled back as investments were made in logistics for e-commerce demand. With operating profits expected to grow to $8-12 billion, Amazon stock may have more upside. Sea stock is cheaper than Amazon by the price-to-sales metric, suggesting potential for growth.
Sea’s revenue is up and it’s profitable, with segments in e-commerce, digital entertainment, and financial services. Sea is expanding in growing countries like Indonesia and Brazil, with investment in infrastructure for e-commerce. Sea has room for growth given the size of its markets and strong demand for its products.
Sea Limited offers investors upside potential with growth in emerging markets and strong financial results. The Motley Fool Stock Advisor team identified Sea Limited as a promising company to consider for investment. Sea’s growth opportunities and financial performance make it an attractive investment option compared to Amazon.
Read more at Nasdaq: Love Amazon? This Alternative Stock Might Have Higher Upside.