We’re back from New Orleans, so I’m doing a lot of catching up this weekend.
When I was plowing through charts yesterday, I realized two appeal to me a lot more than the rest right now.
One of the things I always do at Portfolio Accelerator is share my best ideas for the coming months and quarters.
I’ll share some tactical opportunities and discuss the themes and areas of the market I’m interested in trading.
But I’ll also zoom out and talk about some of the fresh new uptrends I’m buying with a longer timeframe in mind.
I’ve been an Asia bull for some time now. China has already been the best idea at past conferences. BABA, BIDU, and TCEHY are currently conviction longs for this theme.
Southeast Asia’s online retail giant, Sea Ltd $SE is another one I shared with our clients at one of last year’s events. It’s been a top international stock. It’s one of my largest long-term holdings.
But there is more out there in emerging Asia.
SE is one of the purest vehicles for betting on the consumer economy in countries like Thailand, Singapore, and the Philippines. They have a nice revenue mix and are currently making a big push into Latin America.
There is another dominant non-Chinese online retailer in Asia though. It’s called Coupang $CPNG. Here’s the chart:
I’m thinking CPNG is going to look a lot more like SE in the future now that it has completed this base. This one is mostly a bet on the South Korean consumer economy, but it does operate in some other countries.
And here’s another blue-chip vehicle for expressing a bullish thesis on emerging Asia. You can think of Grab Holdings $GRAB as the Uber of the region.
Like CPNG, this one is also working on completing a massive multi-year rounding bottom. It’s not far from fresh cycle highs, which you can use as confirmation for the reversal.
And I don’t want the outperformance from these stocks to give you the wrong idea. Things are just getting going in emerging Asia. These are simply some of the early leaders.
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