#5 - Sea Limited (NYSE:SE)
If you have room for international stocks in your portfolio, Sea Limited (NYSE: SE) is a name to consider. The Singapore-based company is not a pure-play eSports company. In fact, the company’s e-commerce division is the biggest driver of revenue.
But in addition to e-commerce, the company offers digital financial services, and a digital entertainment business that houses its gaming segment, Garena. Sea Limited’s Digital Entertainment division and accounts for about 10% of the company’s top line.
Two of the company’s most popular games among its Asian consumer base are Free Fire and Need for Speed. And Garena hosts a number of eSports events. The company has been able to maintain daily active users above 100 million and continues to grow this metric on a year-over-year basis.
SE stock soared in 2020 and 2021 as consumers had limited shopping and entertainment options. However, while the stock has come down from those highs, it’s comfortably above 2019 levels, which shows the strength of the company’s business model.
About SEA
Sea Ltd. is an internet and mobile platform company, which engages in the provision of online gaming services. It operates through the following segments: Digital Entertainment, E-Commerce, and Digital Financial Services. The Digital Entertainment segment offers and develops mobile and PC online games.
More- Current Price
- $129.29
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 11 Buy Ratings, 2 Hold Ratings, 1 Sell Ratings.
- Consensus Price Target
- $91.21 (29.4% Downside)
