This Week’s Hottest Stock – Should You Own $GRAB?

$GRAB deep dive…

The next retail-investor-surge victim has been identified, but they’re headquartered in Singapore instead of Silicon Valley – let’s give $GRAB (Grab Holdings Ltd.) a warm welcome. If you’re active on the investing side of X (Twitter), I am sure you’ve seen the ticker symbol $GRAB being thrown around quite a bit. Let’s dive into the two most important questions that are posed amidst this craze; what does this company do, and should you buy their stock?

Grab Holdings in a nutshell is a “superapp”. Its mobile technology offers transportation uses, food delivery, payment processing, and other financial services. In U.S. context – it’s a combination of Uber, DoorDash, and PayPal. This superapp concept is fairly rare because of specialized companies who typically take most market share, but investors seem to think Grab has it figured out. Operating across Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam, Grab doesn’t seem to have much of a major geographic competitor.

Investors worldwide have been snatching up $GRAB shares, with legendary fund manager Ray Dalio making headlines for his 1.5M share purchase – so, should you buy $GRAB? Well, I own exactly 3.87 shares of Grab, which equates to a whopping $20.23 position. Despite my size being just slightly smaller than Ray Dalio’s, I do actually think this could be a good stock, and I do plan on buying more. I think their concept and business plan are extremely intriguing as an investor, but hear me on this, their financials have to get better.

Their revenue and EPS QoQ has been stagnant for 3 years, with virtually no growth. The positive side to these woes is that their share price has been quite terrible too, down over 67% since 2021 highs. There is nothing I hate more than a company that has small financials but a rocketship stock (I’m looking at you Palantir), so the fact that $GRAB shares have been trading in-line with their financials is somewhat promising. I’m not a big fan of international stocks for a multitude of reasons, but I think the risk of having a small position in $GRAB is worthwhile. I’ll be looking at their earnings report this afternoon to help gauge my forward-looking thesis – but I’ll likely be buying more shares in the future.

*None of this newsletter and/or any subsequent content pieces are financial advice. This newsletter and/or any subsequent content pieces are all intended for entertainment and educational purposes only. Please invest wisely under your own accord.*