This Megacap Is Taking Over the World
Sea Limited (NYSE: SE) has three businesses that work together to make each separate business even more valuable. Garena, short for "gaming arena," has a worldwide mobile hit, Free Fire, on its hands. The company is using that popularity as a base of operations to open up a branch of its e-tailing business, Shopee. Then there's Sea Money, which lets users transfer cash around the world.
On this video recording of The Five, Jason Hall, Auri Hughes, and Taylor Carmichael discuss some of their favorite large-cap stocks. In this clip, Taylor explains why he's a buyer of Sea Limited. This segment was recorded live on Aug. 30.
Source Fool.com
