Redisca @Redisca: "$GOTU – I like this..."

Poland

Edited

$GOTU (Gaotu Techedu Inc.) – I like this company a lot. In 2022, it was my biggest and heaviest position, with an average of $ 3 (for those following Gaotu, you're probably aware of this). I sold my position accurately before the price surged, at an average of $ 3.65. Honestly, when it climbed to $ 8, I felt serious FOMO! Nevertheless, due to my risk/reward assessment, I didn’t make any new purchases as I understood the speculative nature of this stock. Still, I couldn’t imagine it would drop below $ 3 again – that's disappointing. The EPS is sharply negative, and the company is not expected to be profitable for the next three years. On the other hand, peers like $TAL (TAL Education Group ADR) and especially $EDU (New Oriental Education & Technology Group Inc-ADR) have shown significant and consistent progress, suggesting the sector is recovering overall. Gaotu, however, is facing operational challenges. Hopefully, they’ll get back on track soon. $CHGG (Chegg Inc) $DUOL (Duolingo) $UDMY (Udemy Inc)

6 Mentioned Show all

GOTU

Gaotu Techedu Inc.

TAL

TAL Education Group ADR

EDU

New Oriental Education & Technology Group Inc-ADR

CHGG

Chegg Inc

DUOL

Duolingo

UDMY

Udemy Inc