Billionaires are buying reasonably priced growth stocks in the retail sector, including Coupang and Skechers.
From Nasdaq: 2025-02-22 18:52:00
The major market indexes are trading near new highs, with the S&P 500’s price-to-earnings ratio at around 30, double the historical average. Finding reasonably priced growth stocks is challenging, but retail is a sector with good deals. Billionaires were buying two retail growth stocks in Q4.
Coupang, South Korea’s top online retailer, attracted investors like Howard Marks and Chase Coleman in Q4. The company’s revenue grew 20% year over year in Q3, excluding recent acquisitions. With a strong hold on South Korea’s e-commerce market, Coupang continues to expand internationally.
Skechers, a leading footwear brand, is trading at a low price-to-earnings ratio of 16, despite double-digit earnings growth. Investors like Andreas Halvorsen are betting on its growth potential. The company faces challenges due to potential U.S. tariffs on imports from China.
Investors are urged to consider the 10 best stocks to buy now, excluding Coupang, for potential high returns. The Motley Fool’s Stock Advisor service has a track record of outperforming the S&P 500 since 2002. John Ballard holds positions in Coupang, and the Motley Fool recommends both Coupang and Skechers.
Read more at Nasdaq: 2 Reasonably Priced Growth Stocks Billionaires Are Buying