Coupang (NYSE: CPNG), a leading e-commerce platform in South Korea, reported its full-year 2022 earnings at the end of February. The company outpaced the overall retail industry in South Korea once again as it continues to put up impressive growth and margin expansion. As of this writing, shares of Coupang stock are down 72% since its first trading day, significantly underperforming the S&P 500 over that time span.
Warren Buffett famously told investors to be "greedy when others are fearful." In this volatile market, I'd suggest looking for financially stable market leaders that are resistant to the macro risks and undervalued relative to their long-term growth potential. Here are three no-brainer buys that check all of those boxes: Coupang (NYSE: CPNG), Nintendo (OTC: NTDOY), and Bumble (NASDAQ: BMBL).
Coupang, Inc. (CPNG) closed at $13.16 in the latest trading session, marking a -0.9% move from the prior day.