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Why NASDAQ:PDD qualifies as a high growth stock.

By Mill Chart

Last update: Jun 17, 2024

Growth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if PDD HOLDINGS INC (NASDAQ:PDD) is suited for growth investing. Investors should of course do their own research, but we spotted PDD HOLDINGS INC showing up in our Louis Navellier growth screen, so it may be worth spending some more time on it.


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Some of the growth metrics of NASDAQ:PDD highlighted

  • PDD HOLDINGS INC showcases a robust Return on Equity (ROE) of 36.54%, indicating its ability to generate favorable returns for shareholders. This metric underscores the company's efficiency in utilizing its equity capital to generate profits.
  • With a track record of beating EPS estimates in the last 4 quarters, PDD HOLDINGS INC showcases its consistent ability to deliver earnings surprises. This reflects the company's strong execution and its competitive position in the market.
  • With notable 1-year revenue growth of 106.0%, PDD HOLDINGS INC exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for future growth.
  • PDD HOLDINGS INC has achieved 131.0% growth in its revenue over the previous quarter, signaling positive momentum in its financial performance and potential market opportunities.
  • With positive growth in its operating margin over the past year, PDD HOLDINGS INC showcases its ability to improve profitability through effective cost control and operational efficiency. This growth underscores the company's commitment to enhancing its financial performance.
  • With positive growth in its free cash flow (FCF) over the past year, PDD HOLDINGS INC showcases its ability to generate strong cash flows and maintain a solid financial position. This growth reflects the company's efficient utilization of capital and its commitment to long-term value creation.
  • The recent financial report of PDD HOLDINGS INC demonstrates a 199.0% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
  • PDD HOLDINGS INC has seen a 55.76% change in the average next Quarter EPS Estimate by analysts over the last 3 months, signaling the shifting perception of the company's EPS outlook.
  • The recent financial report of PDD HOLDINGS INC demonstrates a 199.0% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
  • The earnings per share (EPS) growth of PDD HOLDINGS INC are accelerating: the current Q2Q growth of 199.0% is above the previous year Q2Q growth of 135.0%. Earnings momentum and acceleration are key for high growth systems.

What is the full fundamental picture of NASDAQ:PDD telling us.

At ChartMill, a crucial aspect of their analysis is the assignment of a Fundamental Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous fundamental indicators and properties.

PDD gets a fundamental rating of 8 out of 10. The analysis compared the fundamentals against 33 industry peers in the Broadline Retail industry. PDD gets an excellent profitability rating and is at the same time showing great financial health properties. PDD has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination! With these ratings, PDD could be worth investigating further for value and growth and quality investing!.

Check the latest full fundamental report of PDD for a complete fundamental analysis.

More growth stocks can be found in our Lois Navellier screen.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.

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PDD HOLDINGS INC

NASDAQ:PDD (7/9/2024, 8:32:10 PM)

Premarket: 137.06 -0.66 (-0.48%)

137.72

+3.04 (+2.26%)

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