Coupang and Skechers: Reasonably Priced Growth Stocks Billionaires Are Buying
POINT Coupang (CPNG): South Korea’s largest e-commerce company, growing at 20%+ annually , with global expansion in progress. Skechers (SKX): Consistent double-digit growth (Q4 revenue +13%, net income +26%) , yet remains undervalued at P/E 16 . Both companies have attracted interest from top investors and show strong long-term growth potential . However, Coupang must prove its business model outside of Korea , while Skechers faces potential U.S. tariff risks . Details: Coupang (CPNG) - Growth Potential and Challenges source : pixabay 1️⃣ Dominant E-Commerce Platform in South Korea, but Global Expansion Is Key Coupang controls 40% of South Korea’s e-commerce market , which is expected to grow from $124B in 2023 to $182B by 2028 . Q3 2024 revenue grew 20% YoY (25% adjusted for currency fluctuations) . 22.5M active customers, up 11% YoY . However, Coupang's dependence on the South Korean market is a major risk . To sustain high growth rates, global expansion is necessary . The co...