Does Sea Limited Sponsored ADR (SE) have what it takes to be a top stock pick for momentum investors? Let's find out.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
With the U.K. government clamping down on production from the North Sea, Shell and Equinor on Thursday said they would merge their oil and gas operations.
Recently, Zacks.com users have been paying close attention to Sea Limited (SE). This makes it worthwhile to examine what the stock has in store.
On the evening of January 26, Captain Avhilash Rawat had just finished dinner when an anti-ship ballistic missile smashed into his oil tanker, the Marlin Luanda, off the coast of Yemen. 10 months later he still has vivid memories of the attack and the extraordinary effort it took to put out a massive fire which risked an environmental disaster.
Sea Limited (SE -2.83%) is based in Singapore, and it serves the Southeast Asian market across three business segments: e-commerce, digital entertainment (gaming), and digital financial services.
Sea Limited (SE) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
EQNR, along with Var Energi and INPEX Idemitsu Norge, makes a new hydrocarbon discovery in PL 090, where it serves as the operator with a 45% stake.
Up 154% in 2024, Is Sea Limited Stock Still a Buy?
This Unstoppable E-commerce Stock Is Up 160% in 2024: Is It Still a Buying Opportunity?
SE Q3 results benefit from a solid uptick in E-commerce and Digital Financial Services businesses.
Shares of Sea jumped more than 10% after reporting Q3 results, driven by a surge in profitability in its e-commerce segment. Revenue growth also accelerated, especially as the company monetized more ads on Shopee and grew its substantial loan portfolio. Risks include gaming revenue softness, potential loan losses in a recession, and high valuation compared to peers, but the stock still has upside potential.