#5 - Sea Limited (NYSE:SE)
If you have room for international stocks in your portfolio, Singapore-based Sea Limited (NYSE: SE) is a name to consider.
Sea has carved out a significant presence in the esports world through its gaming division, Garena. With popular titles like Free Fire and Need for Speed, Garena attracts millions of daily active users, particularly across Asia. The company hosts numerous esports events, driving engagement and has been able to maintain daily active users above 100 million and continues to grow this metric on a year-over-year basis. Its Digital Entertainment division accounts for about 10% of Sea Limited’s overall revenue.
Beyond gaming and esports, Sea Limited operates a thriving e-commerce platform and provides digital financial services. While e-commerce remains the company’s largest revenue driver, the growth and stickiness of its gaming segment demonstrate its potential within the global esports industry.
SE stock experienced rapid growth in 2020 and 2021, fueled by pandemic-driven demand for online shopping and gaming. Although the stock has since retreated from its highs, it remains well above 2019 levels, highlighting the strength and diversification of Sea Limited’s business model.
About SEA
Sea Ltd. is an internet and mobile platform company, which engages in the provision of online gaming services. It operates through the following segments: Digital Entertainment, E-Commerce, and Digital Financial Services. The Digital Entertainment segment offers and develops mobile and PC online games.
More about SEA- Current Price
- $154.16
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 11 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $133.93 (-13.1% Downside)
