5 Best ADR Stocks To Buy Now

3. Sea Limited (NYSE:SE)

Number of Hedge Fund Holders: 65

Sea Limited (NYSE:SE) is a communication services company engaged in digital entertainment, e-commerce, and digital financial service businesses. It operates in Southeast Asia, Latin America, the rest of Asia, and internationally.

Jiong Shao, an analyst at Barclays, holds an ‘Overweight’ rating on Sea Limited (NYSE:SE) shares as of August 18. The analyst also has a $114 price target on the stock.

The company’s EPS for the second quarter came in at a loss of $1.03, beating estimates by $0.03. Its revenue of $2.94 billion was up 29% year-over-year and also beat the previous quarter’s revenue of $2.9 billion.

There were 65 hedge funds long Sea Limited (NYSE:SE) in the second quarter, with a total stake value of $2.7 billion.