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Pinduoduo might be coming after Alibaba's lunch. Is PDD stock a buy?
In this video, I will go over Pinduoduo's (PDD 2.80%) recent earnings report, which beat on both the top and bottom lines. This might also explain Alibaba's weakness.
*Stock prices used were from the trading day of Nov. 27, 2023. The video was published on Nov. 28, 2023.
Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool recommends Alibaba Group. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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