Shah Gilani picks out three options plays from the recent surge in Chinese stocks.
$DIDI
Didi Stock Forecast for 2025: High-Risk Profit Potential
Imagine Uber, but with three times the drivers worldwide and 457 million more users – that’s Didi Global Inc. (NYSE: DIDI).
And the Didi stock forecast for 2025 looks sunny, despite some short-term hiccups.
Let’s talk about why Didi could eventually dominate the global rideshare industry.
The Best and Worst New Stocks in 2021
It's been such a big year for IPOs, you likely own one of these new stocks or are thinking about buying low.
Today, we're going to show you which ones to buy and sell.
We told you to put the Monday.com IPO on your radar.
Those who invested in Monday.com stock early are looking at a 120% return from the $155 IPO price to $342 today.
Though, it's understandable if $342 seems like too high an entry point for Monday stock.
That's why we're going to show you a few other IPO stocks still worth buying in 2021.
Are Chinese Stocks Safe to Own Right Now?
China has been cracking down on companies with listings here in the United States sending shares plunging lower, some by more than 90% on the year.
Is this a flash in the pan that could be an incredible buying opportunity?
Or is this a start of a delisting cycle that could leave American shareholders with nothing?
Here's what you need to know...
Didi Stock Priced High and Is Still the Best IPO to Buy This Year
Chinese ride-hailing firm Didi Chuxing (NYSE: DIDI) went public Wednesday, June 30.
The company has been called the “Uber of China.” IPO investors were all over this one, oversubscribing the book and forcing Didi to increase the deal size.
According to Reuters, the Didi IPO is the biggest U.S.
share sale by a Chinese company since Alibaba (NYSE: BABA) raised $25 billion in 2014.
The Didi Chuxing IPO has created a major buy opportunity for American investors.
The Alibaba IPO price was a whopping $68 and it still added a hefty 232% in a short time following its U.S.
IPO.
It trades at $226 today.
You can expect a similar pattern with Didi Chuxing in the years to come. Here’s why...