Opinions
Jim Cramer - Mad Money
Futu Holdings Limited
FUTU-Q
SELL ON STRENGTH
Aug 23, 2021
The Chinese stock market will rally for two weeks, so only then you should sell this.
$91.500
Stock price when the opinion was issued
Financial Services
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
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TOP PICK
Stockchase Research Editor: Michael O'Reilly FUTU is the online digital stock trading platform equivalent of SCHW for Southeast Asia. It has clients in China and recently launched in Singapore and now how over 100,000 clients. Recent reported earnings were up over 300% and its sales have been doubling for 5 consecutive quarters. It is trading at 31x forward earnings versus peers at 53x. Its cash reserves are growing just as quickly. We would buy this with a stop loss at $120, looking to achieve $220 -- upside potential over 45%. Yield 0% (Analysts’ price target is $219.16)
Financial Services