HUYA: Game-Related Services To Drive The Stock Higher

Jun. 03, 2024 8:23 AM ETHUYA Inc. (HUYA) StockTCEHY, HUYA8 Comments
David Zanoni
11.14K Followers

Summary

  • HUYA's focus on increasing the monetization of its game promotion business can increase margins and drive profitable growth going forward.
  • Improved profitability and earnings growth over the long term would likely drive the stock higher.
  • HUYA is trading below book value, indicating plenty of upside for the stock.

Diverse yellow pro gamer female team with african ethnicity leader competing in video game eSport championship. Blue team on the other side

janiecbros/E+ via Getty Images

HUYA Inc. (NYSE:HUYA) could ride the China-stock recovery higher as the company focuses on its new strategy. HUYA is working on increasing the monetization of its game promotion business which includes game ads, game distribution, and

This article was written by

11.14K Followers
David focuses on growth & momentum stocks that are reasonably priced and likely to outperform the market over the long-term. He is a long term investor of quality stocks and uses options for strategy. David told investors to buy in March 2009 at the bottom of the financial crisis. The S&P 500 increased 367% and the Nasdaq increased 685% from 2009 through 2019. He wants to help make people money by investing in high-quality growth stocks.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within 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.

The article is for informational purposes only (not a solicitation or recommendation to buy or sell stocks). David is not a registered investment adviser. Investors should do their own research or consult a financial adviser to determine what investments are appropriate for their individual situation. This article expresses my opinions and I cannot guarantee that the information/results will be accurate. Investing in stocks involves risk and could result in losses.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About HUYA Stock

SymbolLast Price% Chg
Market Cap
PE
Yield
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on HUYA

Related Stocks

SymbolLast Price% Chg
HUYA
--