Sea Limited: Growth At A Reasonable Price
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Fundamental Options1.27K FollowersFollow5ShareSavePlay(15min)CommentsSummarySea Limited is rated Buy, offering 39% upside to a $169.5 fair value, driven by GARP principles and strong e-commerce growth.Shopee leads Southeast Asia with 52% market share, but SE’s overall moat is narrow, and profitability remains modest amid intense competition.Financial flexibility is robust with $9B cash, under $3B debt, and a new $1B buyback, supporting continued organic and inorganic growth.Position size is conservative (0.5x for now with a 0.8x target) due to high uncertainty. Mawaddah Fauziah/iStock Editorial via Getty Images Investment Thesis GARP (Growth At A Reasonable Price) is by far my favorite strategy, strictly speaking about stocks, because there are options strategies that can bring even higher returns, and not only for high growth stocks. I look forThis article was written byFundamental Options1.27K FollowersFollow"Fundamental Options" would be the title of my investing style, because I combine fundamental analysis with the power of options. I use Fundamental Analysis to quantitatively and qualitatively assess individual stocks and ETFs, and I pursue various strategies: Income oriented, especially BDCs, but also Utilities; Growth At A Reasonable Price, especially Tech, having a background in Software Development; Deep Value, based on Discounted Cash Flow and / or other industry specific valuation methods; Dividend Aristocrats.While I usually invest in stocks for long-term, I also have 20-25 strategies involving options that I use for various purposes: hedging stocks; bullish stock / ETF substitutes with improved risk / reward; neutral trades; trading volatility; earnings-related trades.Teaching is another passion of mine, I used to be a formal on non-formal teacher or coach in different areas of life, including authoring of a free local investing newsletter in the last years.Analyst’s Disclosure:I/we have a beneficial long position in the shares of SE either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.