Michael Vi
Coupang's (NYSE:CPNG) shares have underperformed significantly since their IPO, still down over 60%. However, despite this initial poor performance, I believe the underlying business is attractive and worth an investment at current levels. The core business is a compounding machine, continuing to
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in CPNG over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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