article thumbnail

Why Now Is Not the Time to Abandon Ship on Sea Limited Stock

The Motley Fool

Nonetheless, Sea Limited has successfully turned what was a money-losing business into a profitable conglomerate. This included a 21% surge in e-commerce sales from its Shopee segment and a 54% revenue increase in digital-financial services, better known to the public as Sea Money. billion, a 5% increase year over year.

article thumbnail

Billionaire Chase Coleman Just Made a Likely Once-in-a-Generation Bet on This Stock. Time to Buy?

The Motley Fool

More recently, he made what may be a once-in-a-generation bet on Southeast Asian conglomerate Sea Limited (NYSE: SE) after having sold most of his shares in 2022. This included a 33% revenue boost for Shopee and 21% for SeaMoney, the digital financial services segment. Does that mean the troubled stock is ready for a comeback?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

1 Unstoppable Stock Set to Join Nvidia, Microsoft, Apple, Amazon, Alphabet, and Meta in the $1 Trillion Club

The Motley Fool

Industrial giant General Electric rode its portfolio of businesses -- from aerospace to financial services -- to a $100 billion valuation in 1995. The conglomerate owns substantial positions in private and public success stories like GEICO, Coca-Cola , and even Apple. That's just one of the conglomerate's many success stories.

article thumbnail

Warren Buffett's 3 Best-Performing Stocks So Far in 2024: Are They Buys Now?

The Motley Fool

Shares of the Japanese conglomerate have skyrocketed over 40% this year. Nu operates a digital financial services platform that serves nearly 94 million customers in Brazil, Colombia, and Mexico. It ranks as the fifth-largest financial services company in Latin America based on number of customers. billion.

Stakes 246
article thumbnail

1 Wall Street Analyst Thinks Sea Limited Stock Can Reach $87. Is It a Buy at About $68?

The Motley Fool

Benchmark analyst Fawne Jiang recently raised her price target for the e-commerce, entertainment, and finance conglomerate to $87 per share. Shoppee is bolstering client and consumer retention with an unmatched logistics service. The new target implies a gain of about 31% from recent prices.

article thumbnail

These 3 Top E-Commerce Stocks Are No-Brainer Buys, but Not for the Reasons You Think

The Motley Fool

Despite the increase, many of the largest e-commerce companies have morphed into conglomerates, encompassing many businesses. That makes sense on some levels since online sales are the single largest source of revenue for the conglomerate. But Amazon's financials imply that online sales could be a loss leader.

article thumbnail

These 3 Stocks Have Made Warren Buffett the Most Money in 2023. Are They No-Brainer Buys for the New Year?

The Motley Fool

The financial services company remains one of Buffett's favorites. stake in Amex makes it the conglomerate's third-largest holding. However, the conglomerate's eighth-largest position, credit rating agency Moody's (NYSE: MCO) , is a notable exception. Berkshire's 20.8%