From InvestorPlace: 2024-06-21 11:13:24

Investors often limit themselves to American-based companies, missing out on undervalued opportunities in international markets. Chinese companies like Vipshop Holdings (VIPS) offer growth potential with a 110% 5-year growth, projected $24 price target, and strong financials. Consider expanding your portfolio with top Chinese stocks like VIPS, Trip.com (TCOM), and Nio (NIO) for growth potential and undervalued opportunities.

TCOM is a travel service company in Shanghai seeing increased revenue, simplified visa processes driving inbound tourism growth, and strong financial performance with a 122% YOY revenue growth and over 30% EBITDA margin. With positive macroeconomic factors and ongoing innovations like AI assistant TripGenie, TCOM offers a solid investment opportunity with a 50% cheaper valuation than its competitors.

NIO is an electric vehicle manufacturer known for innovative battery technology. Despite a 50% stock drop in the past year, NIO delivered over 20,000 vehicles in May, showing a growth of over 233.8% YOY. With a forward EV/Sales ratio 20% lower than the sector median, NIO presents a strong buying opportunity with minimal risk and high growth potential.



Read more at InvestorPlace: 3 Chinese Stocks to Buy Now: June 2024