1 Unstoppable Growth Stock Trading at a Price You May Never See Again

Company Overview - Global-e Online (GLBE) is a high-growth stock currently trading near its lowest-ever valuation, making it an attractive option for growth investors [2] - The company operates a business-to-business platform that enables e-commerce retailers to engage in cross-border commerce, offering services like localized currencies and instant customs calculations [3] Growth Metrics - In the first quarter of 2024, Global-e reported a 32% year-over-year increase in gross merchandise volume (GMV) and a 24% rise in revenue [5] - The company added several high-profile clients, including Heydude by Crocs and Donna Karan in the U.S., and expanded partnerships with brands like Adidas and Coty [5] Partnerships and Strategic Initiatives - Global-e has established a partnership with Shopify, which launched a white-label cross-border solution called Shopify Market Pro, and signed a deal with Wix.com to provide services on its e-commerce sites [6] - Management anticipates accelerated growth in the second half of the year due to planned large partnerships and a strong pipeline of new clients [7] Long-term Outlook - The long-term outlook for Global-e is promising, as e-commerce continues to grow and the demand for cross-border services is expected to increase in a global economy [8] - The company is still young and could significantly benefit from economic improvements in the future [8] Financial Performance - Gross profit increased by 38% year-over-year, with gross margin expanding from 41.2% to 43.4% [9] - Adjusted EBITDA improved from $14.5 million to $21.3 million, while the net loss contracted from $43.1 million to $32.1 million [9] Valuation - Global-e's stock is currently trading near its lowest-ever price-to-sales ratio, presenting a potential buying opportunity for investors [12] - Despite a price-to-sales ratio of 8, the stock is considered a high-growth investment with significant future potential, justifying a premium [13]