Sea Limited (SE) Maintains Growth Momentum Across E-Commerce, Gaming, and Fintech

Sea Limited (NYSE:SE) ranks among the best Asian stocks to buy. On August 18, Morgan Stanley maintained its Overweight rating on Sea Limited (NYSE:SE) and boosted its price target from $206 to $215. The firm highlighted Sea’s e-commerce division’s balanced strategy for growth, investments, and profitability, pointing out that these tactics are bolstering the company’s competitiveness and market position.

According to Morgan Stanley, Sea’s gaming section, Garena, has shown unexpected growth momentum, and analysts predict further possible increase in the third quarter. In addition, the firm claims that the financial technology segment is emerging as a key driver of the stock’s bull run.

Sea Limited (NYSE:SE) is a Singapore-based consumer technology company that operates in the digital entertainment, e-commerce, and financial services industries.

While we acknowledge the potential of SE to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SE and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.