Thursday, April 12, 2018

MOMO to the Moon

MOMO ADR is a Chinese social media company that has already seen substantial growth. It still has a long way to go with the average analyst pricing it at $46, while it currently trades at $36. It isn't as undervalued as it was back in December, though with the recent downturn in the market, it's market valuation has slipped, though the value of the company has continued to excel with outstanding earnings reports. Although the next few days or weeks of trading may prove to be unpredictable, the stock is set to reach $45 in the next few months.



Submitted April 12, 2018 at 11:42AM by YeeheeHaircut https://ift.tt/2vdypEC

No comments:

Post a Comment