New Zealand markets closed
  • NZX 50

    11,372.62
    +53.88 (+0.48%)
     
  • NZD/USD

    0.5973
    +0.0041 (+0.69%)
     
  • NZD/EUR

    0.5602
    +0.0043 (+0.78%)
     
  • ALL ORDS

    7,270.00
    +3.40 (+0.05%)
     
  • ASX 200

    7,068.80
    +3.60 (+0.05%)
     
  • OIL

    89.74
    +0.11 (+0.12%)
     
  • GOLD

    1,948.10
    +8.50 (+0.44%)
     
  • NASDAQ

    14,837.37
    +143.13 (+0.97%)
     
  • FTSE

    7,683.91
    +5.29 (+0.07%)
     
  • Dow Jones

    34,118.38
    +47.96 (+0.14%)
     
  • DAX

    15,557.29
    -14.57 (-0.09%)
     
  • Hang Seng

    18,057.45
    +402.04 (+2.28%)
     
  • NIKKEI 225

    32,402.41
    -168.62 (-0.52%)
     
  • NZD/JPY

    88.5310
    +1.0350 (+1.18%)
     

3 Reasons Sea Limited Is a Buy for the Long Haul

3 Reasons Sea Limited Is a Buy for the Long Haul

Sea Limited (NYSE: SE) investors have been on a wild ride this year, with the stock rising more than 60% in 2023 up until last week's earnings report, after which the stock promptly dropped nearly 20%. While a slight miss on the bottom line might have been the excuse short-term investors needed to take some profits, Sea Limited actually delivered some impressive results when looking under the hood at its most important e-commerce and fintech segments. In fact, there aren't one but several good reasons to scoop up Sea shares for the long haul at these prices.