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PDD Holdings Inc.PDD Holdings Inc.PDD Holdings Inc.

PDD Holdings Inc.

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PDD trade ideas

PDD - When can we re-enter a long position?PDD, similar to REAL in my books, is like the gift that keeps on giving. When you find a company that is undervalued and being held back by geopolitical risks such as this Chinese stock, you play your hand and expect the market to gravitate towards strong earnings VS potential macro risks. That is what I've been doing and will continue to do here on PDD. I will be adding to my long position once we've proven tapering and a sufficient liquidity build - and we are picked up by a buying continuation algorithm - ideally yellow or green. Happy Trading :)
NASDAQ:PDDLong
by ReigningTrades
1
PDD Stock Jumps 6% Following Strong Q1 Earnings For Temu NASDAQ:PDD stock surged 6% on Thursday, following strong Q1 earnings for Temu parent company PDD Holdings ( NASDAQ:PDD ). Sales jumped 131% year-over-year for the March-ending quarter. On the stock market today, U.S.-listed NASDAQ:PDD stock is up 6% at 156.14 in higher than usual volume. NASDAQ:PDD Holdings includes China-focused e-commerce platform Pinduoduo and international discount retail platform Temu. Shares of NASDAQ:PDD surged nearly 80% in 2023, as Temu expanded rapidly in the U.S. and elsewhere. Both Alibaba (BABA) and JD.com (JD) posted better-than-expected sales for their March quarters last week. The tech giants are PDD's main competitors in China. Analysts were mostly positive on PDD's Q1 results. Morningstar analyst Chelsey Tam upped the research firm's fair value estimate for PDD stock to by 8% to 230. PDD Holdings beat first-quarter revenue estimates on Wednesday, powered by its international shopping site Temu and growing consumer interest in its Chinese discount e-commerce platform Pinduoduo. The company's revenue rose 131% to 86.81 billion yuan ($11.99 billion) in the first quarter, compared with analysts' average estimate of 75.66 billion yuan, based on LSEG data. PDD's shares were up 5.7% in pre-market trading. Consumers in China have turned to less expensive shopping platforms such as Pinduoduo and Bytedance's Douyin at a time when a property sector downturn and rising local debt have weighed on the country's economic growth. NASDAQ:PDD 's co-CEO Chen Lei told analysts in a call following the company's earnings release that competition has been fierce in the first quarter, with consumers growing accustomed to making purchases from a variety of platforms, rather than defaulting to just one. Technical Outlook NASDAQ:PDD stock is up 6.14% as of the time of writing. NASDAQ:PDD stock appears to be overbought with a Relative Strength Index (RSI) of 76.78 which made it primed for a trend reversal. The stock's daily price chart depicts a double bottom that lasted for about 5 weeks before the uptrend.
NASDAQ:PDDLong
by DEXWireNews
PDD - We love PDD! Bulls time to shineI have longer term swing positions on PDD but I also like to trade it in a shorter term swing setting as it gaps nicely in predictable fashion and is one of those companies that you just know does well - so with the industry-wide boom in chinese stocks, I'm all over taking advantage. Looking for continued healthy liquidity building in tapered selling algorithms (bullish) and continued strong buying continuation to break us out of HTF tapered buying algorithms. Happy Trading :)
NASDAQ:PDDLong
by ReigningTrades
5/21/24 - $pdd - punting long into tmr's AM print5/21/24 - vrockstar - NASDAQ:PDD - hard not to like the setup here into tmr AM's print, testing last year's mid-highs. google trends on the marginal gainer temu is crushing trends.google.com 17x fwd PE, high single digit FCF. pretty expensive for chinese co, but it's the fastest horse (which are the only stocks that one can buy in this tape w/ confidence) and net cash in capital stack helps. "recession" play. cheap warez 4 sale globally. taking the punt long here after seeing the baba reaction red to green... and any beat should ship this 10%. lmk if you have diff POV in the comments below.
NASDAQ:PDDLong
by VROCKSTAR
PDD - Updated Analysis and Bullish OutlookIt has been a while ride on PDD this past month! Don't take your eyes off the grand prize - a breakout of our larger time frame magenta selling channel. In order to do that, we needed to build liquidity in our controlled selling channels. We have activated a stronger buying continuation channel but will need some time to prove its' control. Be patient on this one and the benefits will pay in the longer run. Happy Trading :) - TraderDaddyOG
NASDAQ:PDDLong
by ReigningTrades
PDD - Crazy PA Today!! What to look out for going forwardThere is clearly (proven) plenty of room for this to go up. Question is, what was today all about? To be honest, I'm just as confused as you may be especially with the very solid earnings that were reported and future growth outlook. So I'm going to continue to stay away from the fundamentals and leave that to Sir Powell (purple tie, what'd I say about purple ties!!) There is further growth opportunity here and I will be on the lookout to find it. Stay tuned for further developments! Happy Trading :)
NASDAQ:PDDLong
by ReigningTrades
1
PDD Holdings' Temu Operator Surpasses Revenue ExpectationsPDD Holdings ( NASDAQ:PDD ) emerges as a formidable player, surpassing revenue expectations in its fourth-quarter earnings report. The driving force behind this success? Temu, its global platform, which has seen remarkable growth propelled by strategic end-of-year promotions and a surge in demand during China's Singles Day festivities. Robust Growth and Financial Performance The numbers speak volumes: PDD's fourth-quarter revenue soared to 88.88 billion yuan ($12.35 billion), surpassing analyst estimates by a significant margin. This achievement marks a staggering 123% year-on-year growth, following a robust 94% rise in the third quarter. What's more, this remarkable performance comes despite the lingering impact of COVID restrictions in China during comparable quarters in 2022, which were only lifted in December of that year. Challenges and Uncertainties Ahead However, amidst this success, challenges loom on the horizon. Concerns over political tensions between the U.S. and China pose a potential threat to Temu's continued growth in key markets. Analysts have cautioned that heightened scrutiny from policymakers, similar to what has been witnessed with platforms like TikTok, could impact PDD's operations. Additionally, supply chain disruptions and evolving consumer sentiments present ongoing challenges that PDD must navigate as it continues to expand its global footprint. Optimism and Future Outlook Despite these uncertainties, NASDAQ:PDD remains optimistic about its future prospects, particularly in its home market of China. With the government's support through macro policies aimed at bolstering consumer sentiment, PDD's subsidiary, Pinduoduo, anticipates further growth opportunities in the domestic market. Market Dominance and Competitive Edge Moreover, NASDAQ:PDD 's ascent to become the most valuable Chinese e-commerce company by market capitalization underscores its position as a dominant force in the industry. Surpassing Alibaba Group Holdings in market value further solidifies PDD's standing and underscores its potential for continued success in the ever-evolving world of e-commerce. Conclusion In conclusion, NASDAQ:PDD Holdings' impressive fourth-quarter performance, driven by the success of its global platform Temu, signals a promising trajectory for the company amidst a challenging and dynamic market environment. As it navigates through uncertainties and embraces opportunities, PDD's innovative approach and strategic vision position it for sustained growth and success in the years to come.
NASDAQ:PDDLong
by DEXWireNews
PDD - Our patience paid off! Our "lines" tell us everythingWe finally got the breakout we were waiting for on PDD and the makers set us up perfectly for a post-earnings gap up. Happy for everyone who followed along our analysis and held strong on this one. Or maybe even added on the dip like I did. We can expect some resistance at top of yellow here before a retest of white tapered selling and then an attempt to breakout of orange tapering again. See you all there! Happy Trading :)
NASDAQ:PDDLong
by ReigningTrades