Reported 3 days ago
SRS Investment Management, a New York-based firm known for its research-driven investment strategy, has included PDD Holdings Inc. (NASDAQ:PDD) in its list of top stocks to buy. Despite a mixed financial report for Q4 2024, where earnings surpassed expectations but revenue fell short, PDD demonstrated strong fundamentals with impressive revenue growth and significant cash reserves. SRS holds over $394 million in PDD, ranking it sixth among its top stock choices, indicating potential for long-term growth in the e-commerce sector.
Source: YAHOO