My 2 Favorite Stocks That Investors Will Be Piling Into Next Year [Yahoo! Finance]
Coupang, Inc. Class A (CPNG)
Company Research
Source: Yahoo! Finance
You want to buy stocks that can grow sales and earnings while also trading at a reasonable valuation. A tough task, especially when the broad S&P 500 index is trading at a price-to-earnings ratio ( P/E ) close to all-time highs. In bull markets, smart investors stray away from the red-hot and popular stocks trading at nosebleed earnings multiples. Instead, they target stocks that are flying under the radar. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Two of my favorite under-the-radar stocks I think investors will be piling into next year are Coupang (NYSE: CPNG) and Ally Financial (NYSE: ALLY) . Here's why I think the companies are fantastic buy-and-hold investments for the next decade. One of the fastest-growing large-cap stocks in the world is Coupang. The e-commerce platform, which started out selling in South Korea and has now expanded into Taiwan, has seen its stock rise 70% year to date, crushing the perfor
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CPNG
News
- Coupang (CPNG): Revolutionizing E-Commerce Under $25 [Yahoo! Finance]Yahoo! Finance
- South Korea's e-commerce market to grow by 10.2% in 2024, forecasts GlobalData [Yahoo! Finance]Yahoo! Finance
- Coupang, Inc.'s (NYSE:CPNG) institutional investors lost 6.6% last week but have benefitted from longer-term gains [Yahoo! Finance]Yahoo! Finance
- The US IPO window hasn't reopened yet, but startups take what they can [TechCrunch]TechCrunch
- Lee Ainslie's Strategic Moves in Q3 2024: A Deep Dive into Coupang Inc's Significant Reduction [Yahoo! Finance]Yahoo! Finance
CPNG
Earnings
- 11/5/24 - Beat
CPNG
Sec Filings
- 11/13/24 - Form 4
- 11/12/24 - Form 4
- 11/12/24 - Form SC
- CPNG's page on the SEC website