The average brokerage recommendation (ABR) for Sea Limited Sponsored ADR (SE) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
While the tech-focused Nasdaq Composite index inched higher over the last three months, lithography leader ASML (NASDAQ: ASML) and Singapore-based e-commerce and fintech business Sea Limited (NYSE: SE) moved in the opposite direction. With the market worrying over ASML's slower growth amid a down cycle in the semiconductor market and Sea Limited facing a prolonged slowdown in sales growth, the once-hypergrowth stocks declined 18% and 39% in the last three months. Here's what makes ASML and Sea magnificent supercharged tech stocks to buy at today's prices.
First, I'd like to see at least some semblance of a competitive advantage. When asking my followers on social media, PayPal Holdings (NASDAQ: PYPL) came out as the runaway winner for struggling stocks to buy at a discount, and I agree that it has potential. Discount retailer Dollar General has a competitive advantage: over 19,000 locations around the country.