From Nasdaq: 2024-04-03 11:40:12

Investors comparing PDD Holdings Inc. and Amazon for value opportunities should note PDD’s stronger Zacks Rank of #1 (Strong Buy) and more attractive valuation metrics. PDD’s forward P/E ratio is 13.97, with a PEG ratio of 0.28, compared to AMZN’s forward P/E of 44.27 and PEG ratio of 1.57.

A new top semiconductor stock, much smaller than NVIDIA, is positioned for growth in AI, Machine Learning, and IoT. The global semiconductor market is projected to grow from $452 billion to $803 billion by 2028. Investors can access a free report on this stock and 7 Best Stock recommendations from Zacks Investment Research.



Read more at Nasdaq: PDD or AMZN: Which Is the Better Value Stock Right Now?