PDD Holdings Inc. (NASDAQ: PDD) is Zhang Lei’s largest holding, making up 27.76% of his total portfolio, valued at $1.14 billion. Analysts remain bullish on PDD with a consensus price target of nearly $150, indicating a 50% upside despite regulatory and competitive challenges.

Citi recently lowered PDD’s price target from $170 to $142, citing regulatory pressures and rising expenses. However, optimism remains strong as U.S. traffic at Temu helps offset profitability issues. Morgan Stanley reiterated an ‘Overweight’ rating with a $148 price target amid growing internet regulatory risks in China.

PDD Holdings, Inc. is a global commerce group that operates digital marketplaces with integrated sourcing and logistics networks. While PDD offers investment potential, other AI stocks may have greater upside with less downside risk. Find out about an undervalued AI stock that could benefit from Trump-era tariffs and onshoring trends.

For more stock recommendations, explore the best stocks to buy right now and 10 stocks under $1 that could explode. No disclosures mentioned in the article.

Read more at Yahoo Finance: Is PDD Holdings (PDD) Zhang Lei’s Top Pick?