#US stocks Try the $PDD options for the first time, for one and a half months, drop addition, not touching the underlying stock, not worth a big investment.

After PDD released its earnings report, some people were saying how high PDD's cash flow is. Its growth rate is not good. The last similar situation among Chinese concept stocks, I only remember Baidu. Extremely high cash flow ratio, no dividends, no buybacks. PDD's current TTM PE is less than 9 times, but there are few in Chinese concept stocks that are lower than it.

Previously, BIDU's PE was also very low, but now after increasing AI investment, the PE is over a hundred times, and instead, the stock price has improved. When Baidu was holding a lot of cash before, its net asset value was below zero, and the lowest PB should have been around 0.8. Companies with a PB that low usually have significant problems.

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