Prediction: Coupang Will Beat the Market. Here's Why.

Sometimes you need to collect passport stamps to find unique investing opportunities. Coupang (NYSE: CPNG) is South Korea's leading e-commerce provider. It has a pretty dominant position with 23.6 million active customers. This may not seem like a lot, but it's about half of the country's adult population.Despite posting nearly consistent double-digit revenue growth and turning profitable two years ago, Coupang is somehow still a broken IPO. The shares are trading 23% below their debutante price of $35 four years ago, and more than 60% lower than the all-time intraday high it scored the day it hit the market 50 months ago.Despite the disappointing overall return, momentum is on its side now. Coupang is beating the market with a 24% year-to-date rise, and there's a clear path for the upticks to keep coming. I predict that Coupang can beat the market in the coming year and potentially longer than that. Let's take a closer look.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool