Stock tip of the week:
MOMO
The Chinese Social Media is probably the hidden gem you have been looking for:
Some hard core facts
EPS: 335% (industry average 52%)
PE: 16 (industry average 39)
I remember when I was taking finance classes in the 9th grade my finance teacher would always say listen if you see a stock with a PE under 20 and you are not buying it you are a moron.
Momo Inc. operates as a mobile-based social networking platform in the People's Republic of China. The company's platform includes its Momo mobile application and various related features, functionalities, tools, and services that are provided to users, customers, and platform partners. It offers Momo mobile application that enables users to establish and expand their social relationships based on locations and interests; and Hani, a live video application. The company also offers games, which are designed with various themes, cultural characteristics, and features to appeal to various segments of the game player community; paid emoticons, and mobile marketing services; and live video, value-added, and other services. The company was formerly known as Momo Technology Company Limited and changed its name to Momo Inc. Momo Inc. was founded in 2011 and is headquartered in Beijing, the People's Republic of China.
All of that aside what is MOMO? Simply put in the USA no one really know since it's entirely made in China and for the Chinese market. So why should we care? Well simply put MOMO has been and will be stealing market share from Facebook, IG, Twitter and Snap in China. Main reason the Chinese Government clearly supports Chinese brands. Over and over we have seen China interfere with US companies in operating in China. This is the same for MOMO. Just like Alibaba, who is also heavily vested in MOMO China will make sure it succeeds.
Just take a look at the earnings which constantly beat Wallstreet
What others are saying:
My recommendation this is a 5-10 year investment.
Don't take my recommendation do some research and see for yourself.