Here's Why the Best Is Yet to Come for Baozun Inc.
Baozun (NASDAQ: BZUN) is often called the "Shopify (NYSE: SHOP) of China" since it uses a similar business model focusing on bringing offline retailers online. Baozun provides retailers with digital storefronts, marketing, customer, fulfillment, and IT services -- making it a "one-stop shop" for digitizing a business.
Baozun's stock rallied nearly 160% this year, but it seemingly stalled out over the past month with a near-10% decline. Many investors likely took profits during that pullback. But I believe that Baozun's best days are still ahead for five simple reasons.
Image source: Getty Images.
Source: Fool.com
Baozun Inc ADR Stock
€2.58
0.000%
With 1 Sell predictions and 0 Buy predictions the community sentiment towards the Baozun Inc ADR stock is not clear.
This results in a negative potential of -22.48% based on a current price of 2.58 € and a target price of 2 € for the stock.
