Up 160% in 1 Year, How Much Higher Can PDD Stock Fly?

The Chinese e-commerce giant is still firing on all cylinders.PDD (PDD 2.56%) posted its first-quarter earnings report on May 22. The Chinese e-commerce giant's revenue soared 131% year over year to 86.81 billion yuan ($12.02 billion) and exceeded analysts' estimates by$1.44 billion. Its adjusted earnings per ADS surged 199% to $2.83 and also cleared the consensus forecast by$1.40.PDD's growth rates were impressive, but its stock has already risen nearly 160% over the past 12 months. Should investors chas ...