Is Coupang, Inc. (CPNG) A Good Stock To Buy Now?

Is CPNG a good stock to buy? We came across a bullish thesis on Coupang, Inc. on Sunrise Capital’s Substack. In this article, we will summarize the bulls’ thesis on CPNG. Coupang, Inc.’s share was trading at $18.56 as of July 2nd. CPNG’s trailing and forward P/E were 184.18 and 35.34 respectively according to Yahoo Finance.

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Coupang, Inc. (CPNG) is a leading South Korean e-commerce platform whose share price has declined roughly 50% from its recent high...