From MarketBeat:

PDD Holdings is poised for a market boost with strong quarterly earnings expected. Mega investors are eyeing China, with PDD leading the pack. Institutions are buying, analysts are bullish, and the market is taking notice. Analysts project double-digit upside potential for PDD, outperforming peers in growth and valuation.
China’s economy shows signs of comeback with higher-than-expected inflation rates in March. Consumer discretionary stocks in China are attracting investor attention amid government stimulus efforts. PDD stands out among competitors with promising growth prospects and potential market outperformance.
Analysts and institutions are bullish on PDD’s future performance, with a consensus price target well above current levels. The company reported strong revenue growth last quarter, setting high expectations for upcoming earnings. PDD’s industry-leading growth and valuation metrics make it a top pick compared to other E-commerce giants in China.
Investors are urged to consider PDD Holdings for a potential buying opportunity as China’s economy gains momentum. Market analysts and institutions are optimistic about PDD’s growth and future performance compared to its peers. With favorable valuation and growth prospects, PDD stands out as a promising investment option in the Chinese market.



Read more at MarketBeat: PDD Holdings Shares Could Surge by Double Digits Again This Week