Coupang (CPNG -0.65%) has been one of Asia's most talked-about growth stories. The U.S.-based technology company, best known for transforming online shopping in South Korea, has been frequently compared to Amazon.
Growth stocks can make for excellent investments to simply buy and hold. It can take time for growing businesses to achieve their potential, but if they do, that can result in massive returns for shareholders who hang on.
When some investors think about Coupang (CPNG -0.08%), the first comparison that comes to mind is Amazon. Both companies dominate e-commerce in their respective markets by building logistics networks that make shopping almost effortless.
When investors think of Asian e-commerce, Coupang (CPNG -3.74%) often draws the "Amazon of South Korea" comparison. This label captures part of the story but not the whole picture.
Investors focused solely on the gigantic artificial intelligence (AI) beneficiaries need to expand their horizons. There are more stocks than Nvidia, Palantir, or Amazon that you can own in your investment portfolio, including ones that benefit from the AI revolution.
Coupang, Inc. has finally turned the corner on profitability, but after years of lackluster stock performance, the market is still failing to properly price its next chapter of growth. The company is successfully replicating its dominant, logistics-first playbook in Taiwan, a market with ideal characteristics for hyper-growth, and early results already paint a promising picture. A simple valuat...
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