ONE INTERNATIONAL STOCK WHICH TOM K IS ADDING


INTERNATIONAL STOCKS
Dear readers, there is one international stock which I have been adding to my investment portfolio. As part of my slate of international stocks which has multi-bagging potential in my humble opinion.
Earlier, I have shared with readers how I have invested in JD.com with the view on a long-term holding basis. So in this post, let me share with you another international stock which I have been increasing my stake in with a long-term view as well.

This stock is none other than a recent debutant on the US stocks exchange. Its name is Luckin Coffee and soon after its debut on the US stocks exchange, Luckin Coffee stock price has headed south quite significantly but it has since rebounded. I bought Luckin Coffee stock on its stock debut date and also after the debut date.

Luckin Coffee stock has its share of critics as well as supporters. Search online and you could find many equally bullish and bearish reasons for Luckin Coffee stock. But at the end of the day, where it comes to investment, you have to make a judgment call for yourself. And for me, I like the fact that China’s market potential is simply there for Luckin notwithstanding Starbucks’ presence there. I like the fact that the market size in China is big enough for both Luckin Coffee and Starbucks. And I like the fact that Luckin operates on a slightly different business model than Starbucks.

And for the longer-term perspective, I am okay to tolerate the fact that Luckin Coffee is burning cash fast for rapid expansion and that it may still take a long time to realize profitability. The very essence of my investment in Luckin Coffee is that as a very hardcore coffee drinker, I am vested in a rapidly growing coffee-chain founded in and focused on China. STABLE STI CORE, MULTI-BAGGED BY SELECTIVE INTERNATIONAL PICKS! Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.


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