Level 11
05-24-2024
09:46 AM
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@BobKamman Hi Bob... yes. I know chinese stocks have some extra risks... taking that chance.. this is just part of my portfolio.. PDD (Temu) hit 52 week high today.. saw this come through the news on PDD this morning:
Bernstein Adjusts Price Target on PDD Holdings Inc to $235 From $180, Maintains Outperform Rating
PDD is beating Alibaba at their own game.. Temu has gone into many countries now.. making a push in Europ and Africa.. Temu is cash rich and can afford super bowl ads. Long PDD, ITNU, INTC, META, TSLA, HWM, AA SYK WMT, BAC, CMG, V and many more! well diversified
also head of Charles Schwab, (where I trade at) came out and said inflation # 1 concern of Schwab's customers.. some 35 million customers! Temu is an inflation beater!