These three stocks may be severely beaten down, but they have the potential to rise sharply over the next few years.
The word "conglomerate" used to be reserved for behemoths like Procter & Gamble, the parent company of 65 different consumer brands producing everything from home care to baby care to hair care. Along comes the digital economy and a whole new class of brands and services are created. Singapore-based Sea Limited (NYSE: SE) operates in digital entertainment, e-commerce, and digital payments, and it's growing at a rapid pace.
It has been challenging to be an investor in Sea Ltd (NYSE: SE), the gaming and e-commerce conglomerate based out of Singapore. A year ago, everyone was celebrating the young company's never-ending success: record revenue, expansion of TAM thanks to its entry into Latin America and India, and others. A year later, Sea's growth story has taken a significant turnaround.