Prediction: This AI Stock Soared by 160% in 2024 but Will Beat the Market Again in 2025
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To say Sea Limited (NYSE: SE) has been an excellent turnaround story would be a major understatement.After being one of the top performers during the 2021 growth stock boom, Sea Limited plunged 90% from its high by the end of 2023. Revenue was dropping in its core gaming business, and the e-commerce platform was losing hundreds of millions of dollars per quarter, even on an adjusted basis. And while it was profitable, the digital financial services business was a relatively small piece of the puzzle. Overall, growth slowed sharply, and losses started to become alarmingly big.Fast-forward to today, and Singapore-based Sea Limited has rebounded. Its stock gained more than 160% in 2024 and was the best performer in my portfolio by a wide margin. Looking into the business, it's easy to see why Sea Limited has performed so well. But there's also a solid case to be made that lots of upside potential could still lie ahead.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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