Is PDD a good stock to buy? We came across a bullish thesis on PDD Holdings Inc. on Chop Wood, Carry Water Investment Journal’s Substack by Alexandru Dragut. In this article, we will summarize the bulls’ thesis on PDD. PDD Holdings Inc.'s share was trading at $104.20 as of April 20th. PDD’s trailing and forward P/E were 10.60 and 8.55 respectively according to Yahoo Finance.
PDD Holdings is a high-ROIC e-commerce platform operating two distinct engines: Pinduoduo, a domestic social group-buying platform connecting price-sensitive Chinese consumers directly to...
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