Quick Note: Sea Limited (SE) has almost $8B in cash equivalents vs a mkt cap only $23B. It's also GAAP profitable, trading at 20x Forward Earnings and 1.7x Sales. Revenue expected to grow +14% next year. These shares appear interesting at this level.
Income via Growth Stock: Time to Sell Put Options?
This powerful consumer internet company operates a leading digital entertainment business as well as an e-commerce platform and a digital financial services operation in Southeast Asia. The company operates in some of the fastest growing economies in the world. And it is benefiting from the tailwinds of global “Stay-at-home” orders. Not surprisingly, the stock has rallied over 200% since the start of the year. In this report, we analyze the business model, competitive strengths, financial position and finally conclude with our opinion on the stock’s risk-reward (as well as an interesting options trade idea that generates attractive upfront premium income).