Once a gem within Singapore tech conglomerate Sea Limited (NYSE: SE), Garena has fallen from grace as revenue and profitability declined massively over the last few quarters. It didn't help that this game development business had to temporarily halt its operations of Freefire apps in India due to a regulatory ban. Garena was already doing well, but when the COVID-19 pandemic hit, demand went through the roof amid global lockdowns.
Shopify went public in 2015 and has rewarded shareholders with returns in excess of 2,600%. The company helps millions of merchants build out an e-commerce presence, which has resulted in hundreds of millions of people buying from Shopify merchants annually. Shopify's place in the e-commerce ecosystem is important and won't be going away for the foreseeable future.
In this article, we will take a look at 11 stocks under $50 to buy now. To skip our analysis of the recent market activity, you can go directly to see the 5 Stocks Under $50 to Buy Now. The equity markets in United States posted another week of positive performance which marks the fourth […]