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Miniso operates in the steadily growing branded variety retail market, which shows resiliency against e-commerce and economic downturns. Miniso has built its moat through strategic product offerings, efficient supply chain, and innovative retailer partner model. The valuation of Miniso looks cheap now, considering its strong growth momentum and superior profitability.
Some of my favorite articles to write are those that highlight possible turnaround stocks. These are stocks whose share prices have been hammered over a short period.
While Chinese fast fashion retailer Shein has taken the global apparel industry by storm, and increasingly dominated the headlines, another Chinese lifestyle brand has been expanding at breakneck speed from seemingly nowhere.
There's plenty of reason to look for stocks to buy before we enter 2024. The S&P 500 index has trended higher by almost 25% this year.
Miniso's Share Repurchase Program Will Likely Help The Stock Find Stability After Its Recent Selloff
Miniso (MNSO) has the potential for a rebound if it defends the critical 18.5 neckline area. Founder Guofu Ye's transactions are likely to significantly influence the stock price. Miniso's strong supply chain, retail partner model, and product differentiation strategy contribute to its growth and outperformance.
The retail sector has faced multiple challenges in the current year. Some of the headwinds include inflation, supply chain disruptions, and macroeconomic concerns.
MINISO Group Holding Limited Unsponsored ADR (MNSO) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Here is how MINISO Group Holding Limited Unsponsored ADR (MNSO) and Rover Group, Inc. (ROVR) have performed compared to their sector so far this year.
One of the keys to successful investing and wealth creation is portfolio diversification. As an example, it's unlikely that an investor will make millions from the market by just holding blue-chip stocks.
MINISO Group Holding Limited (NYSE:MNSO ) Q1 2024 Results Conference Call November 21, 2023 4:00 AM ET Company Participants Jack Ye - Founder and CEO Eason Zhang - CFO Conference Call Participants Michelle Cheng - Goldman Sachs Lucy Yu - Bank of America Merrill Lynch Samuel Wang - UBS Anne Ling - Jefferies Operator Ladies and gentlemen, thank you for standing by, and welcome to MINISO's Earnings Conference Call for the September Quarter that Ended September 30, 2023. At this time, all participants are in a listen-only mode.