Sea stock rallied 162% in 2024 as its e-commerce division boosted profits and accelerated sales growth. The post Sea Cruises To 162% Gain As Southeast Asia E-Commerce Leader appeared first on Investor's Business Daily.
Sea Limited (SE) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
EQNR and its partners face setbacks as North Sea exploration yields no hydrocarbons, with two wells targeting Jurassic reservoir rocks in Norway coming up dry.
The S&P 500 is up by nearly 30% so far in 2024, but many stocks have done much better. In this video, longtime Fool.com contributor Matt Frankel discusses how Sea Limited (SE 1.03%) nearly tripled in 2024 but still looks attractive, while colleague Tyler Crowe discusses why Emcor (EME -1.58%) has been such a great performer in his portfolio.
Sea Limited's stock just blew past $100 for the first time in three years. Shopee is now expected to remain profitable going forward. SeaMoney is facing unprecedented demand for its financial products.
A new oil find near the Goliat FPSO could lead to a tie-back development, with EQNR and Var Energi assessing the potential of the Barents Sea discovery.
Sea Limited shows strong revenue growth, margin expansion, and success across all regions, especially in E-Commerce, driving a bullish long-term outlook. Q3 revenue grew 31% yoy to $4.3 billion, with E-Commerce revenue up 43% yoy, highlighting robust consumer spending and marketplace traction. Digital Entertainment and Digital Financial Services segments also posted impressive growth, with improved paying customer ratios and strong loan performance, respectively.
The North Sea energy market, led by Shell, BP and Equinor, is poised for growth in 2025, driven by innovation and market stability.
SE's successful reversal from the previous cash burn is driven by accelerating e-commerce sales, nascent advertising opportunities, and highly profitable Digital Financial Services/ Entertainment segments. The YTD outperformance and the management's promising guidance have also led to the raised consensus forward estimates through FY2026. This is also why SE's FWD PEG non-GAAP ratio of 1.18x is extremely cheap compared to its diversified commerce peers, offering interested investors with an improved margin of safety.
I analyze Amazon, MercadoLibre, Sea, and Alibaba's business models, macroeconomic exposure, and growth prospects to determine the best retail stock for 2025. Amazon's diversified revenue streams and North American focus, MercadoLibre's strong third-party sales in Brazil, and Sea's unique gaming and e-commerce mix stand out. Macroeconomic analysis reveals promising growth in Southeast Asia, benefiting Sea, while Amazon's North American market remains robust.
Harbour Energy confirms a significant gas discovery in production license 211 CS, which is situated approximately 270 kilometres north of Kristiansund.
Sea gains on strong e-commerce and gaming growth, especially from Free Fire.